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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
ZIM
476
Zacks Investment Management
Illinois
$761K -$230K -2,175 -23%
RW
477
Rockport Wealth
Ohio
$760K +$755K +7,150 New
EH
478
Equitable Holdings
New York
$750K +$280K +2,648 +60%
YIA
479
YHB Investment Advisors
Connecticut
$749K +$17.5K +166 +2%
TWM
480
Trinity Wealth Management
Pennsylvania
$746K -$16.3K -154 -2%
WCA
481
Westover Capital Advisors
Delaware
$744K -$53.7K -508 -7%
NFG
482
Nations Financial Group
Iowa
$741K -$58K -549 -7%
VNIM
483
Vaughan Nelson Investment Management
Texas
$740K -$6.87K -65 -0.9%
IPA
484
Investment Planning Advisors
Georgia
$738K +$156K +1,477 +27%
DWS
485
Discipline Wealth Solutions
South Carolina
$733K +$728K +6,894 New
PCS
486
Private Client Services
Kentucky
$732K +$727K +6,887 New
ACS
487
Archford Capital Strategies
Illinois
$730K -$17.1K -162 -2%
CFGF
488
Compass Financial Group (Florida)
Florida
$728K +$50K +473 +7%
JSA
489
Jacobson & Schmitt Advisors
Wisconsin
$726K +$721K +6,829 New
TFG
490
Tilson Financial Group
New Jersey
$724K +$8.35K +79 +1%
IP
491
Investment Partners
Ohio
$723K +$719K +6,803 New
RWP
492
Revolve Wealth Partners
New Jersey
$718K
CISOA
493
Capital Investment Services of America
Wisconsin
$718K
HIF
494
Hill Island Financial
Michigan
$711K -$302K -2,859 -30%
WPW
495
Waldron Private Wealth
Pennsylvania
$710K +$290K +2,744 +70%
CA
496
Continuum Advisory
Idaho
$708K +$3.91K +37 +0.6%
DIA
497
Dean Investment Associates
Ohio
$707K
BEI
498
Benjamin Edwards Inc
Missouri
$700K +$262K +2,484 +61%
FA
499
Fedenia Advisers
Wisconsin
$682K -$21K -199 -3%
SFS
500
Strategic Financial Services
New York
$680K +$314K +2,970 +87%

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.