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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
NB
451
NBT Bank
New York
$846K
AWA
452
Aletheian Wealth Advisors
Washington
$842K +$6.34K +60 +0.8%
SG
453
StoneX Group
New York
$842K +$113K +1,070 +16%
RIG
454
RiverFront Investment Group
Virginia
$841K +$835K +7,907 New
FAFN
455
First Affirmative Financial Network
Colorado
$838K -$43.8K -415 -5%
BJL
456
Brighton Jones LLC
Washington
$833K -$51.5K -488 -6%
TWP
457
Total Wealth Planning
Ohio
$828K -$61.4K -581 -7%
SCG
458
Sonata Capital Group
Washington
$823K +$164K +1,550 +25%
WSFS
459
Wilmington Savings Fund Society
Delaware
$823K -$255K -2,415 -24%
LW
460
Linscomb Wealth
Texas
$811K -$38.5K -364 -5%
IA
461
IFG Advisory
Georgia
$809K +$157K +1,488 +24%
CSP
462
Cary Street Partners
Virginia
$809K +$30K +284 +4%
BSTWA
463
Blake Schutter Theil Wealth Advisors
Ohio
$807K
VIM
464
Vista Investment Management
Pennsylvania
$807K
PSA
465
Plum Street Advisors
Louisiana
$800K +$96.7K +915 +14%
WP
466
WealthShield Partners
North Carolina
$798K +$41K +388 +5%
RPA
467
Rock Point Advisors
Vermont
$797K +$15.8K +150 +2%
SB
468
Strategic Blueprint
Georgia
$793K -$12.3K -116 -2%
DB
469
Dravo Bay
Delaware
$792K -$13.4K -127 -2%
GC
470
Garde Capital
Washington
$784K
BFA
471
Beaumont Financial Advisors
Massachusetts
$775K +$29.3K +277 +4%
BP
472
BWM Planning
Texas
$775K -$5.18K -49 -0.7%
GL
473
Graypoint LLC
New York
$769K -$77.3K -732 -9%
SWA
474
Sax Wealth Advisors
New Jersey
$768K +$251K +2,374 +49%
EA
475
Efficient Advisors
Ohio
$766K -$1.21M -11,422 -61%

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.