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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
NAS
126
Nicolet Advisory Services
Wisconsin
$7.27M -$4.75K -45 -0.1%
Baird Financial Group
127
Baird Financial Group
Wisconsin
$7.25M +$674K +6,379 +10%
ACM
128
AUA Capital Management
Pennsylvania
$7.18M
OCG
129
Opus Capital Group
Ohio
$7.16M -$206K -1,946 -3%
WIA
130
World Investment Advisors
California
$7.13M -$150K -1,417 -2%
ACA
131
Ackerman Capital Advisors
Texas
$7.03M -$4.34M -41,052 -38%
LFS
132
Lutz Financial Services
Nebraska
$6.99M +$1.89M +17,856 +37%
CTA
133
Chesley Taft & Associates
Illinois
$6.92M +$974K +9,221 +17%
NA
134
NewEdge Advisors
Louisiana
$6.87M +$890K +8,430 +15%
BC
135
Brio Consultants
California
$6.75M +$69.3K +656 +1%
EWM
136
Elmwood Wealth Management
California
$6.72M +$273K +2,582 +4%
VAS
137
Vestmark Advisory Solutions
Massachusetts
$6.72M -$362K -3,426 -5%
PP
138
PrairieView Partners
Minnesota
$6.58M +$867K +8,210 +15%
BFA
139
Bragg Financial Advisors
North Carolina
$6.51M +$1.21M +11,426 +23%
APP
140
Avantax Planning Partners
Iowa
$6.5M -$57.9K -548 -0.9%
DPI
141
Diversified Portfolios Inc
Michigan
$6.44M +$1.36M +12,881 +27%
QC
142
Quadrature Capital
United Kingdom
$6.43M +$6.39M +60,505 New
MBFW
143
Morton Brown Family Wealth
Pennsylvania
$6.36M -$462K -4,378 -7%
GT
144
Glenview Trust
Kentucky
$5.89M +$213K +2,015 +4%
SPP
145
Single Point Partners
Massachusetts
$5.67M -$192K -1,813 -3%
LPP
146
Life Planning Partners
Florida
$5.47M -$459K -4,349 -8%
TFA
147
Tobias Financial Advisors
Florida
$5.46M +$573K +5,427 +12%
SWM
148
Sentinel Wealth Management
Virginia
$5.46M +$5.42M +51,310 New
WA
149
Waverly Advisors
Alabama
$5.45M -$43K -407 -0.8%
AWM
150
Angeles Wealth Management
California
$5.43M +$2.41M +22,827 +81%

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.