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iShares National Muni Bond ETF

1,627 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 220 funds opening new positions, 772 increasing their positions, 449 reducing their positions, and 91 closing their positions.

New
Increased
Maintained
Reduced
Closed

142% more first-time investments, than exits

New positions opened: 220 | Existing positions closed: 91

72% more repeat investments, than reductions

Existing positions increased: 772 | Existing positions reduced: 449

6% more funds holding

Funds holding: 1,5341,627 (+93)

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
1,627
Holders Change
+93
Holders Change %
+6.06%
% of All Funds
19.79%
Holding in Top 10
100
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+5.26%
% of All Funds
1.22%
New
220
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
RPA
1001
Rock Point Advisors
Vermont
$730K -$13.4K -125 -2%
RTC
1002
Real Talk Capital
Tennessee
$729K -$6.96K -65 -0.9%
EFG
1003
Ehrlich Financial Group
California
$728K -$116K -1,080 -14%
MWM
1004
MorganRosel Wealth Management
Colorado
$726K -$10.1K -94 -1%
WFA
1005
Wellspring Financial Advisors
Ohio
$722K -$5.54M -51,735 -88%
AAS
1006
Annex Advisory Services
Wisconsin
$721K +$171K +1,593 +31%
KW
1007
Keyvantage Wealth
Pennsylvania
$718K -$7.92K -74 -1%
TWM
1008
Tradition Wealth Management
Minnesota
$714K +$157K +1,469 +28%
BF
1009
Bonfire Financial
Colorado
$714K +$19.8K +185 +3%
APWM
1010
Argonautica Private Wealth Management
Massachusetts
$712K
DWS
1011
Discipline Wealth Solutions
South Carolina
$704K -$60K -560 -8%
SMC
1012
Smith, Moore & Co
Missouri
$704K +$4.6K +43 +0.7%
KL
1013
Keenan LLC
Massachusetts
$703K +$702K +6,559 New
AWM
1014
Act Wealth Management
Texas
$701K +$476K +4,444 +211%
VCM
1015
Vavra Capital Management
Pennsylvania
$698K +$698K +6,517 New
CWA
1016
Crux Wealth Advisors
California
$694K +$44.1K +412 +7%
LWA
1017
LifeGoal Wealth Advisors
New York
$692K +$104K +976 +18%
CPC
1018
Cadia Private Client
New Jersey
$691K +$691K +6,451 New
NS
1019
NBC Securities
Alabama
$691K -$141K -1,313 -17%
KBFS
1020
Kohmann Bosshard Financial Services
Ohio
$690K +$689K +6,438 New
EL
1021
EWA LLC
Pennsylvania
$683K +$253K +2,367 +59%
HAG
1022
HighPoint Advisor Group
Illinois
$681K +$681K +6,360 New
PWA
1023
Pitcairn Wealth Advisors
Pennsylvania
$674K +$674K +6,293 New
CRFG
1024
Columbia River Financial Group
Washington
$674K +$12.3K +115 +2%
AI
1025
Arrien Investments
Idaho
$673K