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iShares National Muni Bond ETF

1,535 hedge funds and large institutions have $34.3B invested in iShares National Muni Bond ETF in 2025 Q3 according to their latest regulatory filings, with 118 funds opening new positions, 667 increasing their positions, 571 reducing their positions, and 93 closing their positions.

New
Increased
Maintained
Reduced
Closed

52% more call options, than puts

Call options by funds: $526M | Put options by funds: $347M

27% more first-time investments, than exits

New positions opened: 118 | Existing positions closed: 93

17% more repeat investments, than reductions

Existing positions increased: 667 | Existing positions reduced: 571

0% less funds holding

Funds holding: 1,5361,535 (-1)

1% less capital invested

Capital invested by funds: $34.5B → $34.3B (-$186M)

3.46% less ownership

Funds ownership: 89.18%85.71% (-3.5%)

10% less funds holding in top 10

Funds holding in top 10: 10695 (-11)

Holders
1,535
Holders Change
-1
Holders Change %
-0.07%
% of All Funds
20.15%
Holding in Top 10
95
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-10.38%
% of All Funds
1.25%
New
118
Increased
667
Reduced
571
Closed
93
Calls
$526M
Puts
$347M
Net Calls
+$179M
Net Calls Change
-$188M
Name Holding Trade Value Shares
Change
Change in
Stake
FDDB
901
Fidelity D&D Bancorp
Pennsylvania
$852K
PI
902
PFG Investments
New York
$848K +$4.19K +40 +0.5%
CWM
903
Collaborative Wealth Management
Florida
$847K +$433K +4,137 +108%
RIS
904
Richmond Investment Services
Wisconsin
$846K +$105K +1,004 +14%
SWM
905
Spire Wealth Management
Virginia
$844K +$31K +296 +4%
HSA
906
HBK Sorce Advisory
Pennsylvania
$843K -$139K -1,325 -14%
CCG
907
Chatham Capital Group
Georgia
$842K
Members Trust
908
Members Trust
Florida
$841K
JFA
909
JNBA Financial Advisors
Minnesota
$840K
KFS
910
Kelly Financial Services
Massachusetts
$840K +$111K +1,063 +16%
EFG
911
Ehrlich Financial Group
California
$839K -$62.5K -597 -7%
TCA
912
Transcend Capital Advisors
New Jersey
$836K +$30.9K +295 +4%
SFS
913
Sowell Financial Services
Arkansas
$834K -$106K -1,017 -11%
OFS
914
Orrstown Financial Services
Pennsylvania
$830K +$524K +5,009 +180%
SSWM
915
Sheets Smith Wealth Management
North Carolina
$830K -$78K -745 -9%
NS
916
NBC Securities
Alabama
$826K +$89.1K +851 +12%
GAM
917
Gould Asset Management
California
$826K +$72.2K +690 +10%
TFGT
918
TS Financial Group (TSFG)
Illinois
$826K -$60.2K -575 -7%
SIA
919
SeaBridge Investment Advisors
New Jersey
$826K -$13.3K -127 -2%
CRC
920
Curi RMB Capital
Illinois
$822K -$8.37K -80 -1%
First Trust Advisors
921
First Trust Advisors
Illinois
$819K +$43.6K +417 +6%
MYIA
922
Mount Yale Investment Advisors
Colorado
$811K -$18.1K -173 -2%
SVWAG
923
Sound View Wealth Advisors Group
Georgia
$811K -$942 -9 -0.1%
DSC
924
Duncker Streett & Co
Missouri
$809K
EWA
925
EverSource Wealth Advisors
Alabama
$799K -$53.4K -510 -6%