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iShares Short-Term National Muni Bond ETF

847 hedge funds and large institutions have $8.72B invested in iShares Short-Term National Muni Bond ETF in 2025 Q2 according to their latest regulatory filings, with 84 funds opening new positions, 355 increasing their positions, 274 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 62

30% more repeat investments, than reductions

Existing positions increased: 355 | Existing positions reduced: 274

12% more capital invested

Capital invested by funds: $7.81B → $8.72B (+$905M)

9% more funds holding in top 10

Funds holding in top 10: 2325 (+2)

2% more funds holding

Funds holding: 833847 (+14)

1.41% less ownership

Funds ownership: 89.08%87.67% (-1.4%)

Holders
847
Holders Change
+14
Holders Change %
+1.68%
% of All Funds
11.15%
Holding in Top 10
25
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+8.7%
% of All Funds
0.33%
New
84
Increased
355
Reduced
274
Closed
62
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CIA
226
Choate Investment Advisors
Massachusetts
$3.07M +$3.04M +28,825 New
CFP
227
Cascade Financial Partners
California
$3.06M +$139K +1,314 +5%
CPA
228
Cardiff Park Advisors
California
$3M -$103K -978 -3%
NGA
229
Naples Global Advisors
Florida
$2.96M +$186K +1,765 +7%
SWM
230
Spire Wealth Management
Virginia
$2.94M -$961K -9,101 -25%
HCM
231
Highview Capital Management
Illinois
$2.94M
FWM
232
Fonville Wealth Management
Virginia
$2.89M -$138K -1,308 -5%
TF
233
Tompkins Financial
New York
$2.87M
EFN
234
Equita Financial Network
Pennsylvania
$2.86M -$545K -5,159 -16%
HSG
235
Helen Stephens Group
Texas
$2.83M -$1.3M -12,321 -32%
UB
236
UMB Bank
Missouri
$2.82M -$183K -1,729 -6%
SW
237
SteelPeak Wealth
California
$2.82M -$145K -1,370 -5%
SWA
238
Safir Wealth Advisors
New Hampshire
$2.76M -$94.5K -895 -3%
OFG
239
Omega Financial Group
California
$2.69M -$218K -2,061 -8%
Kovitz Investment Group Partners
240
Kovitz Investment Group Partners
Illinois
$2.67M +$263K +2,487 +11%
FT
241
Fiduciary Trust
Massachusetts
$2.62M +$503K +4,758 +24%
FFA
242
Farther Finance Advisors
California
$2.61M +$514K +4,862 +25%
CL
243
Choreo LLC
Illinois
$2.61M +$1.32M +12,465 +104%
SAI
244
Savvy Advisors Inc
New York
$2.59M +$550K +5,207 +27%
MCM
245
MAI Capital Management
Ohio
$2.56M -$38.2K -362 -1%
SSW
246
Stone Summit Wealth
Florida
$2.55M +$47.6K +451 +2%
SWP
247
Stratos Wealth Partners
Ohio
$2.55M -$2.07M -19,585 -45%
GVAG
248
Great Valley Advisor Group
Delaware
$2.53M +$735K +6,959 +41%
OIA
249
OneDigital Investment Advisors
Kansas
$2.51M -$297K -2,812 -11%
RA
250
RFG Advisory
Alabama
$2.49M -$41.2K -390 -2%

SUB Hedge Fund Activity: Q2 2025 in Review

847 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in iShares Short-Term National Muni Bond ETF (SUB) for Q2 2025, worth a combined $8.72B — up 12% from $7.81B a quarter earlier.

Buyers outnumbered sellers: 84 funds opened new SUB positions and 62 closed out — a net gain of 22 holders — while 355 added to existing stakes and 274 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $324M. The largest seller was Ellevest Inc, cutting an estimated $39.4M.

  • 847 institutional investors held iShares Short-Term National Muni Bond ETF (SUB) as of Q2 2025, up from 833 in Q1 2025.
  • Funds reported $8.72B of iShares Short-Term National Muni Bond ETF stock for Q2 2025, up 12% quarter-over-quarter.
  • 84 funds opened new iShares Short-Term National Muni Bond ETF positions in Q2 2025 and 62 closed out, a net change of +22 holders.
  • The largest iShares Short-Term National Muni Bond ETF buyer in Q2 2025 was Morgan Stanley, an estimated $324M added.
  • The largest iShares Short-Term National Muni Bond ETF seller in Q2 2025 was Ellevest Inc, an estimated $39.4M sold.

Based on aggregated 13F filings for Q2 2025.