If I sell shares of an EFT I’ve been holding/buying for years, which shares are sold? Hello, everyone! I’ve been continuously buying/holding an EFT for many years. Now I’m looking to sell a portion of my shares to buy more bonds and rebalance my portfolio. When I sell these shares, is it a long-term capital gain? Am I selling my ‘oldest shares’ that I’ve had for years, my ‘newest shares’ that I bought 6 months ago, or a mix of bo…