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iShares National Muni Bond ETF

1,625 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, 771 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: 771 | Existing positions reduced: 449

6% more funds holding

Funds holding: 1,5341,625 (+91)

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)

1.17% more ownership

Funds ownership: 85.71%86.88% (+1.2%)

6% less call options, than puts

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

Holders
1,625
Holders Change
+91
Holders Change %
+5.93%
% of All Funds
19.77%
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
771
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
MCIA
1251
Mountain Capital Investment Advisors
Colorado
$366K +$364K +3,403 New
SGCA
1252
Steel Grove Capital Advisors
Tennessee
$365K -$813K -7,598 -69%
BAWC
1253
Boyce & Associates Wealth Consulting
Texas
$364K +$857 +8 +0.2%
DWS
1254
Dynamic Wealth Strategies
California
$364K
LCG
1255
Lakeshore Capital Group
Illinois
$363K -$41.8K -390 -10%
PJWM
1256
Philip James Wealth Mangement
Georgia
$363K -$13.4K -125 -4%
WA
1257
WBH Advisory
Maryland
$363K
PWM
1258
Palumbo Wealth Management
New York
$363K +$363K +3,387 New
AL
1259
ARWA LLC
Texas
$362K +$362K +3,381 New
FA
1260
Flagstar Advisors
New York
$362K +$362K +3,379 New
PPC
1261
Pennington Partners & Co
Maryland
$360K -$9.85K -92 -3%
IWN
1262
Independent Wealth Network
Iowa
$359K +$37.7K +352 +12%
KIG
1263
Kennedy Investment Group
New Jersey
$359K
IFA
1264
Interactive Financial Advisors
Illinois
$359K -$3.32K -31 -0.9%
EP
1265
EPIQ Partners
Minnesota
$358K +$143K +1,340 +67%
FPCG
1266
Forum Private Client Group
Indiana
$358K +$25.1K +234 +8%
FCP
1267
Fidelis Capital Partners
Florida
$353K +$23.6K +220 +7%
RT
1268
Rockland Trust
Massachusetts
$353K
NFA
1269
Northwest Financial Advisors
Virginia
$352K +$5.03K +47 +1%
NCM
1270
Northland Capital Management
Minnesota
$352K
BFM
1271
Broadview Financial Management
Wisconsin
$351K -$68.9K -644 -16%
HGWM
1272
Horst & Graben Wealth Management
Oregon
$350K +$3.53K +33 +1%
CA
1273
Cumberland Advisors
Florida
$349K +$17.1K +160 +5%
MWA
1274
Merkkuri Wealth Advisors
New York
$347K +$61.2K +572 +21%
CRA
1275
Clear Retirement Advice
California
$346K +$344K +3,217 New