Bailard Inc. grew its position in Adobe Inc. ( NASDAQ:ADBE – Free Report ) by 0.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 48,291 shares of the software company's stock after acquiring an additional 280 shares during the period. Bailard Inc.'s holdings in Adobe were worth $18,610,000 at the end of the most recent reporting period. A number of other large investors have also bought and sold shares of ADBE. Morgan Stanley increased its stake in shares of Adobe by 17.

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