NCM Capital Management’s iShares Short-Term National Muni Bond ETF SUB Stock Holding History

NCM Capital Management’s Portfolio SUB Stock Details SUB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-3,596	Closed	-$384K	–	186
2025 Q2	$384K	Buy	+3,596	New	+$380K	0.16%	132
2024 Q1	–	Sell	-3,400	Closed	-$358K	–	168
2023 Q4	$358K	Buy	+3,400	New	+$354K	0.22%	109
2023 Q3	–	Sell	-3,400	Closed	-$354K	–	153
2023 Q2	$354K	Buy	+3,400	New	+$354K	0.25%	106
2023 Q1	–	Sell	-3,968	Closed	-$414K	–	176
2022 Q4	$414K	Buy	3,968 +643	+19%	+$66.6K	0.27%	106
2022 Q3	$341K	Buy	3,325 +194	+6%	+$20.3K	0.26%	119
2022 Q2	$328K	Buy	+3,131	New	+$326K	0.23%	129

Other funds holding SUB

Mercer Global Advisors Denver, Colorado $67.6B AUM 18.3% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

SEI Investments Oaks, Pennsylvania $108B AUM 26.14% 1-Year Est. Return

Creative Planning Overland Park, Kansas $147B AUM 18.73% 1-Year Est. Return

TIAA Trust, National Association Charlotte, North Carolina $1.65B AUM 16.63% 1-Year Est. Return

Northwestern Mutual Wealth Management Milwaukee, Wisconsin $162B AUM 16.35% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Citigroup New York $235B AUM 32.99% 1-Year Est. Return

NCM Capital Management's SUB Position: Q3 2025 in Review

NCM Capital Management sold out of iShares Short-Term National Muni Bond ETF (SUB) in Q3 2025, closing a stake of 3,596 shares — an estimated $384K sold.

NCM Capital Management first reported a position in SUB in Q2 2022 and held it in 6 quarters. The position peaked at $414K in Q4 2022. 832 funds tracked by Wall St. Rank hold SUB as of Q3 2025.

NCM Capital Management reported no remaining iShares Short-Term National Muni Bond ETF position as of Q3 2025 after selling out during the quarter.
NCM Capital Management sold 3,596 iShares Short-Term National Muni Bond ETF shares in Q3 2025, an estimated $384K.
NCM Capital Management first reported a position in iShares Short-Term National Muni Bond ETF in Q2 2022 and held it in 6 quarters.
NCM Capital Management's iShares Short-Term National Muni Bond ETF position peaked at $414K in Q4 2022.
832 funds tracked by Wall St. Rank held iShares Short-Term National Muni Bond ETF as of Q3 2025.

Based on NCM Capital Management's 13F filing for Q3 2025, filed 14 Nov 2025.