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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
YCG
251
Yeomans Consulting Group
Georgia
$2.48M +$94.4K +894 +4%
UA
252
Unison Advisors
District of Columbia
$2.47M +$528 +5 +0%
PF
253
Penney Financial
Texas
$2.47M +$13.9K +132 +0.6%
BWM
254
BCO Wealth Management
New Mexico
$2.46M +$243K +2,305 +11%
SPIA
255
Steward Partners Investment Advisory
New York
$2.46M +$24.5K +232 +1%
SHWM
256
Smith & Howard Wealth Management
Georgia
$2.43M -$631K -5,978 -21%
FA
257
FC Advisory
Pennsylvania
$2.42M +$588K +5,569 +32%
MHC
258
May Hill Capital
Massachusetts
$2.37M -$753K -7,125 -24%
SWP
259
Sagespring Wealth Partners
Tennessee
$2.33M +$267K +2,529 +13%
Envestnet Portfolio Solutions
260
Envestnet Portfolio Solutions
Illinois
$2.32M -$631K -5,976 -22%
KL
261
KWMG LLC
Kansas
$2.31M -$479K -4,536 -17%
RL
262
Rogco LP
Oklahoma
$2.3M +$4.33K +41 +0.2%
WCFA
263
Walkner Condon Financial Advisors
Wisconsin
$2.3M -$289K -2,733 -11%
AFG
264
Atomi Financial Group
New York
$2.3M +$688K +6,510 +43%
FTS
265
Fifth Third Securities
Ohio
$2.27M -$14.6K -138 -0.6%
PB
266
Pinnacle Bancorp
Nebraska
$2.26M -$7.08K -67 -0.3%
CWS
267
Confluence Wealth Services
Pennsylvania
$2.26M -$44.8K -424 -2%
ML
268
Mayport LLC
Massachusetts
$2.25M
PS
269
Principal Securities
Iowa
$2.25M +$172K +1,626 +8%
SQA
270
Simon Quick Advisors
New Jersey
$2.2M +$805K +7,623 +58%
AC
271
Allstate Corporation
Illinois
$2.2M +$2.18M +20,644 New
Lazard Asset Management
272
Lazard Asset Management
New York
$2.18M
NFP
273
Narus Financial Partners
Utah
$2.14M +$10.5K +99 +0.5%
BF
274
Bonfire Financial
Colorado
$2.13M +$534K +5,053 +34%
AL
275
ADE LLC
Maryland
$2.1M -$499K -4,722 -19%

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.