We are live on ! Find out more
SUB icon

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
HWA
601
HCR Wealth Advisors
California
$425K
WFPG
602
Waller Financial Planning Group
Ohio
$425K +$317 +3 +0.1%
DWA
603
Delap Wealth Advisory
Oregon
$420K
BWP
604
Bernardo Wealth Planning
Pennsylvania
$413K -$39.7K -376 -9%
CC
605
Capstone Capital
Nevada
$411K -$18.8K -178 -4%
CIP
606
Cornerstone Investment Partners
Georgia
$411K -$44.8K -424 -10%
JCM
607
Jacobi Capital Management
Pennsylvania
$410K -$204K -1,928 -33%
PA
608
Probity Advisors
Texas
$407K -$177K -1,672 -30%
TNA
609
True North Advisors
Texas
$406K
TFP
610
Traction Financial Partners
Wyoming
$404K -$5.28K -50 -1%
SPF
611
South Plains Financial
Texas
$404K
WF
612
Warner Financial
Maryland
$402K
WCP
613
Wealthcare Capital Partners
Pennsylvania
$399K -$2.64K -25 -0.7%
CFS
614
Cannon Financial Strategists
Georgia
$397K +$395K +3,738 New
GD
615
Grandfield & Dodd
New York
$397K
1IA
616
1834 Investment Advisors
Wisconsin
$395K +$58.4K +553 +18%
C1AG
617
Client 1st Advisory Group
Florida
$394K
GAA
618
Guardian Asset Advisors
Pennsylvania
$393K +$2.01K +19 +0.5%
PFGIA
619
Patriot Financial Group Insurance Agency
Massachusetts
$393K +$37.2K +352 +11%
FM
620
Foster & Motley
Ohio
$392K -$54.9K -520 -12%
RZH
621
Relyea Zuckerberg Hanson
Connecticut
$392K +$119K +1,127 +44%
SJGA
622
Stephen J. Garry & Associates
New York
$390K -$71.1K -673 -16%
LSWP
623
Liberty Square Wealth Partners
Pennsylvania
$386K
NCM
624
NCM Capital Management
New Jersey
$384K +$380K +3,596 New
CWM
625
Centurion Wealth Management
Virginia
$383K -$31.1K -294 -8%

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.