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iShares National Muni Bond ETF

1,626 hedge funds and large institutions have $36.1B invested in iShares National Muni Bond ETF in 2025 Q4 according to their latest regulatory filings, with 219 funds opening new positions, 772 increasing their positions, 449 reducing their positions, and 91 closing their positions.

New
Increased
Maintained
Reduced
Closed

141% more first-time investments, than exits

New positions opened: 219 | Existing positions closed: 91

72% more repeat investments, than reductions

Existing positions increased: 772 | Existing positions reduced: 449

6% more funds holding

Funds holding: 1,5341,626 (+92)

5% more capital invested

Capital invested by funds: $34.3B → $36.1B (+$1.86B)

5% more funds holding in top 10

Funds holding in top 10: 95100 (+5)

1.18% more ownership

Funds ownership: 85.71%86.89% (+1.2%)

6% less call options, than puts

Call options by funds: $266M | Put options by funds: $284M

Holders
1,626
Holders Change
+92
Holders Change %
+6%
% of All Funds
19.78%
Holding in Top 10
100
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+5.26%
% of All Funds
1.22%
New
219
Increased
772
Reduced
449
Closed
91
Calls
$266M
Puts
$284M
Net Calls
-$17.5M
Net Calls Change
-$197M
Name Holding Trade Value Shares
Change
Change in
Stake
GBT
526
Grove Bank & Trust
Florida
$3.05M -$569K -5,316 -16%
CA
527
COFG Advisors
Illinois
$3.03M +$3.02M +28,249 New
LFAS
528
Level Four Advisory Services
Texas
$3.02M +$35.3K +330 +1%
AWM
529
Apollon Wealth Management
South Carolina
$3.01M -$288K -2,686 -9%
CWS
530
Cypress Wealth Services
California
$3M +$500K +4,670 +20%
FFM
531
Forum Financial Management
Illinois
$2.97M +$163K +1,525 +6%
CT
532
Caldwell Trust
Florida
$2.91M +$171K +1,600 +6%
PSA
533
Plum Street Advisors
Louisiana
$2.9M +$448K +4,187 +18%
JAA
534
Joel Adams & Associates
North Carolina
$2.89M -$291K -2,718 -9%
TWM
535
Trinity Wealth Management
Pennsylvania
$2.88M -$495K -4,621 -15%
CA
536
Clune & Associates
Illinois
$2.86M +$1.24M +11,605 +77%
WPWM
537
Windward Private Wealth Management
Kansas
$2.86M -$49.9K -466 -2%
FWM
538
FFT Wealth Management
Pennsylvania
$2.85M
VAMG
539
Voisard Asset Management Group
Michigan
$2.85M -$642 -6 -0%
CFO
540
CVA Family Office
Colorado
$2.85M +$91.9K +858 +3%
AP
541
Americana Partners
Texas
$2.84M +$2.68K +25 +0.1%
CFD
542
Creative Financial Designs
Indiana
$2.83M -$566K -5,288 -17%
Kovitz Investment Group Partners
543
Kovitz Investment Group Partners
Illinois
$2.83M -$17.6M -164,844 -86%
Charles Schwab
544
Charles Schwab
California
$2.83M -$1.56M -14,585 -36%
AWM
545
Abound Wealth Management
Tennessee
$2.82M -$53K -495 -2%
FTS
546
Fifth Third Securities
Ohio
$2.81M +$39K +364 +1%
WTC
547
WhitTier Trust Company
Nevada
$2.8M -$675K -6,300 -19%
WFPG
548
Waller Financial Planning Group
Ohio
$2.79M +$1.71K +16 +0.1%
TWM
549
Thryve Wealth Management
Texas
$2.79M +$2.78M +26,002 New
IWM
550
IHT Wealth Management
Illinois
$2.78M +$212K +1,980 +8%