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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
SWP
626
ShoreHaven Wealth Partners
New Jersey
$379K +$25.6K +242 +7%
CWM
627
Collaborative Wealth Management
Florida
$378K +$18.1K +171 +5%
SGCA
628
Steel Grove Capital Advisors
Tennessee
$376K
Neuberger Berman Group
629
Neuberger Berman Group
New York
$376K +$374K +3,539 New
RC
630
Rovin Capital
Arizona
$375K +$372K +3,525 New
FIA
631
Foundations Investment Advisors
Arizona
$375K +$74.4K +704 +25%
BRIA
632
Balanced Rock Investment Advisors
Massachusetts
$374K -$26.5K -251 -7%
BAAM
633
Baker Avenue Asset Management
California
$373K -$172K -1,630 -32%
WTC
634
WhitTier Trust Company
Nevada
$372K -$15.3K -145 -4%
SWP
635
Summit Wealth Partners
Florida
$364K +$951 +9 +0.3%
HKIM
636
Hayek Kallen Investment Management
Alabama
$364K
MT
637
Midwest Trust
Kansas
$364K +$361K +3,421 New
HFA
638
High Falls Advisors
New York
$360K -$73.1K -692 -17%
HWMC
639
Heritage Wealth Management (California)
California
$358K
CCFCSB
640
Cape Cod Five Cents Savings Bank
Massachusetts
$357K
SIM
641
Studio Investment Management
Illinois
$356K -$621K -5,882 -64%
XF
642
XML Financial
Maryland
$352K +$101K +952 +40%
MCM
643
MidAtlantic Capital Management
Virginia
$351K -$300K -2,839 -46%
TW
644
Traveka Wealth
California
$350K
KSWA
645
Kathleen S. Wright Associates
Pennsylvania
$350K
FPGT
646
Financial Partners Group (Tennessee)
Tennessee
$350K +$348K +3,290 New
RWM
647
Riverbend Wealth Management
South Carolina
$349K +$347K +3,285 New
BA
648
Ballast Advisors
Minnesota
$348K
TFGT
649
TS Financial Group (TSFG)
Illinois
$344K
FHA
650
First Horizon Advisors
Tennessee
$342K -$402K -3,808 -54%

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.