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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
PAA
1026
Peregrine Asset Advisers
Oregon
$668K -$106K -986 -14%
SWM
1027
SeaCrest Wealth Management
New York
$668K
AA
1028
ArborFi Advisors
Michigan
$667K +$74.1K +692 +13%
WAG
1029
Winthrop Advisory Group
Massachusetts
$666K -$7.49K -70 -1%
GWS
1030
Greykasell Wealth Strategies
California
$666K -$192K -1,791 -22%
LWPC
1031
Legacy Wealth Partners (Colorado)
Colorado
$665K +$665K +6,207 New
TCM
1032
Tassel Capital Management
North Carolina
$662K +$3.43K +32 +0.5%
SA
1033
Stewardship Advisors
Pennsylvania
$661K +$38.2K +357 +6%
GAG
1034
Goodman Advisory Group
Massachusetts
$657K +$248K +2,317 +61%
WWMP
1035
Wagner Wealth Management (Pennsylvania)
Pennsylvania
$655K +$655K +6,119 New
EWA
1036
Elevate Wealth Advisory
Georgia
$654K
STA
1037
Smith Thornton Advisors
Alabama
$653K
1SB
1038
1ST Source Bank
Indiana
$649K
MBT
1039
Montecito Bank & Trust
California
$649K
OWP
1040
Obermeyer Wealth Partners
Colorado
$646K +$91.3K +853 +16%
EMC
1041
Everest Management Corp
California
$644K
VAF
1042
Values Added Financial
District of Columbia
$643K
IA
1043
Integrity Alliance
Iowa
$641K +$296K +2,766 +86%
SRB
1044
Shotwell Rutter Baer
Michigan
$639K -$116K -1,079 -15%
TCWM
1045
Total Clarity Wealth Management
Illinois
$637K +$636K +5,943 New
CG
1046
CFO4Life Group
Texas
$633K
TPA
1047
Trivium Point Advisory
Connecticut
$633K -$71.5K -668 -10%
MCA
1048
MSH Capital Advisors
Arizona
$632K
AWS
1049
Aspen Wealth Strategies
Colorado
$632K +$72.1K +673 +13%
WWM
1050
Wiser Wealth Management
Georgia
$630K -$7.28K -68 -1%