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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
KWM
401
Keebeck Wealth Management
Illinois
$1.12M +$80.1K +758 +8%
EB
402
Exchange Bank
California
$1.11M +$188K +1,780 +21%
DE
403
Diversified Enterprises
Delaware
$1.1M +$12.8K +121 +1%
TNBTD
404
Trustmark National Bank Trust Department
Mississippi
$1.09M
SCM
405
Sunbeam Capital Management
Georgia
$1.09M +$106 +1 +0%
SA
406
Stewardship Advisors
Pennsylvania
$1.08M +$403K +3,818 +60%
TCM
407
TruNorth Capital Management
Michigan
$1.07M
CFG
408
Cosner Financial Group
Colorado
$1.06M
NWA
409
New World Advisors
Massachusetts
$1.05M +$5.07K +48 +0.5%
CG
410
Clarus Group
Texas
$1.05M -$1.06K -10 -0.1%
BMWS
411
Brady Martz Wealth Solutions
North Dakota
$1.03M +$4.54K +43 +0.4%
UAG
412
United Advisor Group
Ohio
$1.02M +$800K +7,577 +385%
CA
413
CGN Advisors
Kansas
$1M +$106 +1 +0%
CFO
414
CVA Family Office
Colorado
$994K
MIA
415
MainStreet Investment Advisors
Illinois
$994K +$244K +2,310 +33%
SCA
416
Scott Capital Advisors
Oregon
$991K +$84.9K +804 +9%
CFG
417
Cornerstone Financial Group
Nebraska
$982K +$1.16K +11 +0.1%
OP
418
ORG Partners
Indiana
$981K -$15.8K -150 -2%
PP
419
Patten & Patten
Tennessee
$978K -$203K -1,925 -17%
KeyBank National Association
420
KeyBank National Association
Ohio
$972K -$97K -918 -9%
SPA
421
Shore Point Advisors
New Jersey
$971K -$26.4K -250 -3%
PWA
422
Physician Wealth Advisors
Utah
$969K +$31.1K +294 +3%
TFO
423
Timonier Family Office
North Carolina
$968K +$363K +3,433 +61%
JPG
424
Jordan Park Group
California
$966K -$1.05M -9,917 -52%
EFG
425
Ethos Financial Group
Pennsylvania
$965K +$203K +1,924 +27%

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.