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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
MA
301
Mutual Advisors
Nebraska
$1.87M +$74.2K +702 +4%
SA
302
Skyline Advisors
Washington
$1.86M +$1.85M +17,496 New
AR
303
Apeiron RIA
Texas
$1.84M +$5.81K +55 +0.3%
AIS
304
Accredited Investor Services
Minnesota
$1.83M -$47.2K -447 -3%
SPWG
305
Syntegra Private Wealth Group
Missouri
$1.81M +$1.15M +10,870 +176%
NL
306
NDWM LLC
California
$1.8M +$1.23M +11,618 +220%
PL
307
Plancorp LLC
Missouri
$1.78M +$373K +3,527 +27%
LPT
308
Legacy Private Trust
Wisconsin
$1.78M +$459K +4,348 +35%
PWM
309
Pines Wealth Management
North Carolina
$1.78M +$116K +1,095 +7%
EP
310
Edgestream Partners
New Jersey
$1.77M +$412K +3,900 +31%
BSB
311
Bangor Savings Bank
Maine
$1.76M +$4.54K +43 +0.3%
GGS
312
Galvin Gaustad & Stein
Arizona
$1.76M +$129K +1,224 +8%
KPWG
313
KFA Private Wealth Group
Virginia
$1.74M +$487K +4,612 +39%
Financial Engines Advisors
314
Financial Engines Advisors
California
$1.74M +$118K +1,116 +7%
JSW
315
Journey Strategic Wealth
New Jersey
$1.73M -$37.8K -358 -2%
TPA
316
Trivium Point Advisory
Connecticut
$1.72M +$211K +2,000 +14%
DIP
317
DT Investment Partners
Pennsylvania
$1.72M -$2.26M -21,349 -57%
OGF
318
Orin Green Financial
California
$1.71M -$223K -2,114 -12%
WPC
319
Wedmont Private Capital
Pennsylvania
$1.71M -$6.23K -59 -0.4%
JWS
320
Juncture Wealth Strategies
Arizona
$1.71M +$494K +4,675 +41%
RCAG
321
Rehmann Capital Advisory Group
Michigan
$1.7M -$55.4K -524 -3%
HCC
322
Hirtle Callaghan & Co
Pennsylvania
$1.7M
SIA
323
Soltis Investment Advisors
Utah
$1.69M -$83.1K -787 -5%
IA
324
IAM Advisory
Pennsylvania
$1.67M -$2.96K -28 -0.2%
NVCHI
325
New Vernon Capital Holdings II
New Jersey
$1.67M +$1.66M +15,674 New

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.