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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
BFP
326
Brewster Financial Planning
New York
$1.66M +$158K +1,500 +11%
WWM
327
Wiser Wealth Management
Georgia
$1.65M -$15K -142 -0.9%
CCG
328
Cypress Capital Group
Florida
$1.63M +$79.2K +750 +5%
AA
329
Advisory Alpha
Michigan
$1.63M +$5.6K +53 +0.3%
MWM
330
McNaughton Wealth Management
California
$1.61M +$180K +1,701 +13%
GG
331
Greenwood Gearhart
Arkansas
$1.6M -$3.91K -37 -0.2%
AFA
332
Avant Financial Advisors
Texas
$1.59M +$105K +992 +7%
AWS
333
Atria Wealth Solutions
New York
$1.59M -$820K -7,761 -34%
MLRA
334
Main Line Retirement Advisors
Montana
$1.59M +$77.3K +732 +5%
MWM
335
Meridian Wealth Management
Kentucky
$1.55M +$292K +2,768 +23%
LKBC
336
L.K. Benson & Company
Maryland
$1.54M +$12.7K +120 +0.8%
CPIG
337
Chicago Partners Investment Group
Illinois
$1.54M +$35.1K +332 +2%
ML
338
McAdam LLC
Pennsylvania
$1.53M -$70K -663 -4%
AAS
339
Avantax Advisory Services
Texas
$1.48M -$126K -1,194 -8%
WFAG
340
Wescott Financial Advisory Group
Pennsylvania
$1.48M -$142K -1,343 -9%
RFP
341
Roth Financial Partners
Texas
$1.47M +$418K +3,957 +40%
GWM
342
Geneos Wealth Management
Colorado
$1.47M -$2.22M -21,052 -60%
G
343
GenTrust
Florida
$1.46M -$1.53M -14,474 -51%
PFA
344
Pure Financial Advisors
California
$1.46M +$249K +2,353 +21%
SW
345
SoFi Wealth
California
$1.45M +$227K +2,150 +19%
MCA
346
Maryland Capital Advisors
Maryland
$1.45M +$260K +2,457 +22%
GWCM
347
Godshalk Welsh Capital Management
Pennsylvania
$1.45M -$31.7K -300 -2%
SWM
348
Seaside Wealth Management
California
$1.45M -$96.2K -911 -6%
ANBT
349
American National Bank & Trust
Texas
$1.44M -$84.8K -803 -6%
PA
350
Parallel Advisors
California
$1.44M +$623K +5,900 +78%

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.