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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
RW
576
Rede Wealth
Virginia
$471K -$155K -1,464 -25%
TIAM2
577
Tru Independence Asset Management 2
Oregon
$467K
LRPA
578
L. Roy Papp & Associates
Arizona
$463K
PA
579
Procyon Advisors
Connecticut
$459K +$25.9K +245 +6%
LG
580
LaFleur & Godfrey
Michigan
$458K
DWT
581
Dorsey & Whitney Trust
South Dakota
$456K -$175K -1,658 -28%
FPW
582
Flagship Private Wealth
Massachusetts
$453K
WA
583
WPG Advisers
Maryland
$452K -$42.1K -399 -9%
CTWM
584
Cherry Tree Wealth Management
Minnesota
$452K
SI
585
Stephens Inc
Arkansas
$452K +$449K +4,253 New
PCG
586
Prosperity Consulting Group
Maryland
$451K -$33.1K -313 -7%
CAL
587
Capital Analysts LLC
Pennsylvania
$450K +$423 +4 +0.1%
EF
588
Envision Financial
Wisconsin
$444K +$135K +1,275 +44%
MFGM
589
Marshall Financial Group (Maryland)
Maryland
$442K +$47.3K +448 +12%
JWM
590
Jessup Wealth Management
Ohio
$439K
BWM
591
BCGM Wealth Management
Indiana
$439K -$21.9K -207 -5%
AIA
592
Armor Investment Advisors
North Carolina
$438K +$50.3K +476 +13%
CWMS
593
Cannon Wealth Management Services
North Carolina
$438K +$2.22K +21 +0.5%
MA
594
Mezzasalma Advisors
New Jersey
$438K -$7.29K -69 -2%
RA
595
Riversedge Advisors
Delaware
$433K -$951 -9 -0.2%
WPC
596
White Pine Capital
Minnesota
$432K +$47.4K +449 +12%
NAM
597
NorthCrest Asset Manangement
Minnesota
$431K +$1.16K +11 +0.3%
PPC
598
Park Place Capital
Alabama
$431K -$40.7K -385 -9%
GRP
599
Global Retirement Partners
California
$428K +$425K +4,022 New
TFG
600
Team Financial Group
California
$427K +$200K +1,895 +89%

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.