Baird Financial Group Inc. trimmed its holdings in shares of International Business Machines Corporation (NYSE:IBM – Free Report) by 19.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 398,650 shares of the technology company’s stock after selling 98,398 shares during the period. Baird Financial Group Inc.’s holdings in International Business Machines were worth $117,514,000 at the end of the most recent reporting period.
Other institutional investors have also bought and sold shares of the company. Family CFO Inc bought a new position in shares of International Business Machines in the second quarter valued at approximately $25,000. Winnow Wealth…
