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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
WT
551
Whittier Trust
California
$538K
AWM
552
Accurate Wealth Management
Florida
$535K -$4.65K -44 -0.9%
CAMG
553
CWA Asset Management Group
Florida
$535K
PWM
554
Power Wealth Management
Georgia
$534K -$29.9K -283 -5%
OBWG
555
Onyx Bridge Wealth Group
New York
$534K +$3.06K +29 +0.6%
CTA
556
Colonial Trust Advisors
South Carolina
$534K
HAIM
557
Hunter Associates Investment Management
Pennsylvania
$532K
HA
558
Helium Advisors
Washington
$530K +$24.8K +235 +5%
BFG
559
Berger Financial Group
Minnesota
$527K +$317 +3 +0.1%
CWM
560
Chesapeake Wealth Management
Virginia
$526K
CFB
561
Cullen/Frost Bankers
Texas
$525K +$39.6K +375 +8%
C
562
Croban
Ohio
$524K -$75.8K -718 -13%
1WM
563
1900 Wealth Management
Texas
$524K -$62.3K -590 -11%
CA
564
CoreCap Advisors
Michigan
$522K +$52.4K +496 +11%
EFS
565
Essex Financial Services
Connecticut
$519K
HTC
566
Haverford Trust Company
Pennsylvania
$506K
EWA
567
Elevate Wealth Advisory
Georgia
$501K -$9.51K -90 -2%
MWP
568
Madison Wealth Partners
Wisconsin
$499K -$10.5K -99 -2%
AA
569
ArborFi Advisors
Michigan
$497K +$144K +1,360 +41%
AWM
570
Axxcess Wealth Management
California
$492K +$41.8K +396 +9%
GWM
571
Gibbs Wealth Management
Georgia
$491K +$220K +2,086 +82%
WTB
572
Washington Trust Bank
Washington
$488K +$485K +4,590 New
BAM
573
Berkshire Asset Management
Pennsylvania
$481K
GWMR
574
GC Wealth Management RIA
Massachusetts
$479K -$98.4K -932 -17%
MW
575
Maia Wealth
Colorado
$473K +$112K +1,064 +31%

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.