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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
DAM
826
Delta Asset Management
Tennessee
$21.3K
RA
827
Rise Advisors
New York
$19.9K -$5.7K -54 -22%
BFP
828
Briaud Financial Planning
Texas
$19K +$19.1K +181 New
BIG
829
Brooklyn Investment Group
New York
$16.5K -$10.2K -97 -38%
BL
830
Balentine LLC
Georgia
$15.3K -$126K -1,196 -89%
ADL
831
Asset Dedication LLC
California
$13K -$71.1K -673 -85%
GWANC
832
Guardian Wealth Advisors (North Carolina)
North Carolina
$13K
HIW
833
Holos Integrated Wealth
Pennsylvania
$12.6K
RWS
834
Retirement Wealth Solutions
Wisconsin
$12.2K +$106 +1 +0.9%
TFA
835
Transamerica Financial Advisors
Florida
$12.2K
GM
836
GeoWealth Management
Illinois
$11.7K
TIM
837
Tortoise Investment Management
New York
$10.6K
VNA
838
Valley National Advisers
Pennsylvania
$9K -$21.5K -204 -71%
EWM
839
EPG Wealth Management
Georgia
$6.49K
Q1WB
840
Quest 10 Wealth Builders
Virginia
$5.96K
CPG
841
Cornerstone Planning Group
New Jersey
$5.79K -$3.38K -32 -37%
VCM
842
Viewpoint Capital Management
Washington
$5.32K
VWM
843
Vermillion Wealth Management
Minnesota
$5.1K +$5.07K +48 New
OLVIG
844
Oliver Lagore Vanvalin Investment Group
Michigan
$4.86K +$4.86K +46 New
RIL
845
Rothschild Investment LLC
Illinois
$4.57K +$4.54K +43 New
CAM
846
Clarity Asset Management
Iowa
$4.18K
HCM
847
Hollencrest Capital Management
California
$3.83K +$3.8K +36 New
RCM
848
Raleigh Capital Management
North Carolina
$3.64K
DSC
849
Duncker Streett & Co
Missouri
$3.3K +$3.27K +31 New
MCA
850
Midwest Capital Advisors
Michigan
$2.34K -$4.33K -41 -65%

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.