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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
ACA
376
Aptus Capital Advisors
Alabama
$1.27M -$134K -1,271 -10%
RWA
377
Redhawk Wealth Advisors
Minnesota
$1.26M +$595K +5,633 +90%
WB
378
Webster Bank
Connecticut
$1.26M -$200K -1,891 -14%
AWA
379
Amplius Wealth Advisors
Pennsylvania
$1.26M +$1.25M +11,808 New
EFA
380
Evernest Financial Advisors
Indiana
$1.25M +$132K +1,250 +12%
CGFA
381
Colton Groome Financial Advisors
North Carolina
$1.25M -$95.1K -900 -7%
APW
382
Austin Private Wealth
Texas
$1.24M -$2.11M -19,941 -63%
BlackRock
383
BlackRock
New York
$1.23M -$1.61M -15,288 -57%
FNT
384
First National Trust
Pennsylvania
$1.23M -$99.4K -941 -8%
ECM
385
Exchange Capital Management
Michigan
$1.22M +$9.72K +92 +0.8%
MA
386
Montag & Associates
Georgia
$1.22M -$112K -1,061 -8%
PS
387
Pinney & Scofield
Massachusetts
$1.22M
IA
388
IFG Advisors
Missouri
$1.21M +$87.1K +825 +8%
BOH
389
Bank of Hawaii
Hawaii
$1.21M +$1.2M +11,395 New
HVIA
390
Hudson Valley Investment Advisors
New York
$1.2M
IPW
391
Intergy Private Wealth
Colorado
$1.19M -$211 -2 -0%
BCM
392
Becker Capital Management
Oregon
$1.18M -$2.07M -19,586 -64%
VPP
393
Vertex Planning Partners
Illinois
$1.16M +$32K +303 +3%
BSA
394
Bull Street Advisors
Georgia
$1.15M
DWS
395
Dynamic Wealth Strategies
California
$1.15M +$451K +4,273 +66%
CWM
396
Certus Wealth Management
California
$1.14M
BCM
397
Boltwood Capital Management
California
$1.14M -$70.2K -665 -6%
SAM
398
Smartleaf Asset Management
Massachusetts
$1.14M +$160K +1,519 +17%
RFP
399
RCS Financial Planning
Maryland
$1.14M +$422K +3,993 +60%
AIP
400
Ameritas Investment Partners
Nebraska
$1.13M -$56.8K -538 -5%

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.