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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
CA
201
Clune & Associates
Illinois
$3.58M +$105K +996 +3%
NW
202
NewEdge Wealth
Pennsylvania
$3.56M -$203K -1,925 -5%
DAS
203
Dynamic Advisor Solutions
Arizona
$3.55M -$303K -2,864 -8%
JBA
204
Johnson Bixby & Associates
Washington
$3.52M +$25.9K +245 +0.7%
MPM
205
Meritage Portfolio Management
Kansas
$3.51M -$129K -1,219 -4%
AWE
206
Avidian Wealth Enterprises
Texas
$3.5M -$34.1K -323 -1%
STFP
207
Signal Tree Financial Partners
Ohio
$3.5M +$647K +6,128 +23%
OMC
208
Old Mission Capital
Illinois
$3.43M -$5.47M -51,756 -62%
PP
209
Prosperity Planning
Missouri
$3.41M
HCM
210
Horiko Capital Management
New York
$3.4M -$1.17M -11,075 -26%
CA
211
Clearstead Advisors
Ohio
$3.38M +$245K +2,322 +8%
JIR
212
James Investment Research
Ohio
$3.37M -$18.5K -175 -0.5%
TI
213
Tidal Investments
Wisconsin
$3.35M -$47.1K -446 -1%
UCFA
214
United Capital Financial Advisors
Texas
$3.32M -$634 -6 -0%
GAB
215
German American Bancorp
Indiana
$3.3M +$42.3K +400 +1%
PWM
216
Perigon Wealth Management
California
$3.3M +$637K +6,029 +24%
SPC
217
Sigma Planning Corp
Michigan
$3.3M -$69.7K -660 -2%
AIM
218
Alhambra Investment Management
Florida
$3.25M +$82.9K +785 +3%
NDBT
219
North Dallas Bank & Trust
Texas
$3.25M +$3.23M +30,561 New
GSWM
220
Greenup Street Wealth Management
Michigan
$3.24M +$322K +3,052 +11%
LWM
221
LJI Wealth Management
Indiana
$3.14M +$4.12K +39 +0.1%
CST
222
Charles Schwab Trust
Nevada
$3.12M -$1.5M -14,194 -33%
WA
223
Wealth Architects
California
$3.11M +$85.6K +810 +3%
EWA
224
Exencial Wealth Advisors
Oklahoma
$3.1M -$169K -1,600 -5%
AI
225
Atria Investments
North Carolina
$3.07M +$602K +5,695 +25%

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.