PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund

MUNI • ARCA

PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund is an exchange-traded fund on ARCA. As of Q3 2025, 375 institutional investors hold shares in this ETF, with total holdings valued at $1.8B. MORGAN STANLEY is the largest holder with a position valued at $155.5M.

Overview

Overview of institutional ownership in MUNI as of Q3 2025

All Institutions

Institutions: 375
Value Held: $1.8B
Shares Held: 34.0M
Avg Position: $4.7M
Median Position: $1.0M

Hedge Funds

Hedge Funds: 5
Value Held: $24.5M
Shares Held: 469.2K
Avg Position: $4.9M
Median Position: $2.6M

Biggest Investors

Institutions with the largest positions in MUNI as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$155.5M 0.01% of portfolio	3.0M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$146.1M 0.01% of portfolio	2.8M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$94.6M 0.02% of portfolio	1.8M shares	≤ Q2 2013 Held for 12y 5m+	$488.50B
L LPL Financial LLC Institution	-	$90.9M 0.03% of portfolio	1.7M shares	≤ Q2 2013 Held for 12y 5m+	$340.07B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$65.0M 0.00% of portfolio	1.2M shares	Q4 2020 Held for 4y 11m	$1.56T
CWM, LLC RIA/Wealth	George Burton White CEO	$45.3M 0.14% of portfolio	866.3K shares	Q4 2021 Held for 3y 11m	$31.5B
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$39.2M 0.01% of portfolio	749.0K shares	Q4 2016 Held for 8y 11m	$341.99B
Dynasty Wealth Management, LLC Fund of Funds	Shirl Thomas Penney CEO	$38.5M 0.52% of portfolio	737.4K shares	Q1 2024 Held for 1y 8m	$7.5B
Cetera Investment Advisers RIA/Wealth	Joseph Daniel Neary CEO	$38.2M 0.04% of portfolio	730.8K shares	Q1 2021 Held for 4y 8m	$85.4B
C Colony Group, LLC Institution	-	$31.9M 0.05% of portfolio	610.8K shares	Q2 2024 Held for 1y 5m	$61.0B

Net Capital Flow

Institutional buying and selling activity for MUNI in Q3 2025

Traded: +$166.4M
Buyers: 224
Sellers: 119
Total Bought: +$243.3M
Total Sold: −$76.8M
Avg Position: $4.5M

Biggest Buyers

Institution	Net Bought	Current Position
BANK OF AMERICA CORP /DE/ Institution	+$23.9M +457.4K shares	$146.1M 2.8M shares
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager	+$19.1M +364.6K shares	$21.0M 400.9K shares
MORGAN STANLEY RIA/Wealth	+$12.5M +238.7K shares	$155.5M 3.0M shares
Lido Advisors, LLC RIA/Wealth	+$11.5M +219.4K shares	$11.5M 219.4K shares
L LPL Financial LLC Institution	+$9.9M +189.4K shares	$90.9M 1.7M shares
P PACES FERRY WEALTH ADVISORS, LLC RIA/Wealth	+$6.7M +128.3K shares	$6.7M 128.3K shares
Cetera Investment Advisers RIA/Wealth	+$6.5M +125.0K shares	$38.2M 730.8K shares
WELLS FARGO & COMPANY/MN Institution	+$5.5M +105.3K shares	$94.6M 1.8M shares
Sequoia Financial Advisors, LLC RIA/Wealth	+$5.2M +98.8K shares	$5.9M 112.9K shares
TruWealth Advisors, LLC RIA/Wealth	+$4.7M +90.4K shares	$4.7M 90.4K shares

Biggest Sellers

Institution	Net Sold	Current Position
XML Financial, LLC RIA/Wealth	−$10.5M −201.1K shares	$1.4M 26.0K shares
Dynasty Wealth Management, LLC Fund of Funds	−$9.9M −188.5K shares	$38.5M 737.4K shares
MML INVESTORS SERVICES, LLC RIA/Wealth	−$7.6M −145.8K shares	$9.4M 180.3K shares
True North Advisors, LLC RIA/Wealth	−$7.3M −141.7K shares	Sold Off 0 shares
W WCG Wealth Advisors LLC Institution	−$3.9M −74.3K shares	$13.2M 253.2K shares
HPM Partners LLC RIA/Wealth	−$2.6M −49.3K shares	$6.0M 114.1K shares
UBS Group AG Institution	−$2.5M −47.5K shares	$29.5M 564.9K shares
Visionary Wealth Advisors RIA/Wealth	−$2.1M −40.7K shares	$2.3M 44.7K shares
Beta Wealth Group, Inc. RIA/Wealth	−$1.9M −37.5K shares	Sold Off 0 shares
INTL FCSTONE INC. Institution	−$1.9M −36.2K shares	$3.0M 57.1K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited MUNI in Q3 2025

New Positions: 23
New Value: $44.9M
Exited Positions: 17
Exited Value: $13.9M

New Positions

Institution	Position Value
Lido Advisors, LLC RIA/Wealth	$11.5M 219.4K shares
P PACES FERRY WEALTH ADVISORS, LLC RIA/Wealth	$6.7M 128.3K shares
TruWealth Advisors, LLC RIA/Wealth	$4.7M 90.4K shares
VestGen Advisors, LLC RIA/Wealth	$3.9M 75.2K shares
C CI Private Wealth, LLC RIA/Wealth	$3.1M 59.3K shares
E ELEQUIN CAPITAL LP Hedge Fund•Multi-Strategy	$2.3M 43.7K shares
Arkadios Wealth Advisors RIA/Wealth	$2.2M 42.9K shares
O Onyx Bridge Wealth Group LLC RIA/Wealth	$2.2M 42.0K shares
Mount Yale Investment Advisors, LLC RIA/Wealth	$2.1M 40.3K shares
AXXCESS WEALTH MANAGEMENT, LLC RIA/Wealth	$1.5M 28.3K shares

Exited Positions

Institution	Previous Position
True North Advisors, LLC RIA/Wealth	$7.3M 141.7K shares
Beta Wealth Group, Inc. RIA/Wealth	$1.9M 37.5K shares
Abacus Planning Group, Inc. RIA/Wealth	$1.0M 19.7K shares
H HRT FINANCIAL LLC Institution	$699.7K 13.6K shares
StoneCrest Wealth Management, Inc. RIA/Wealth	$519.8K 10.1K shares
Armis Advisers, LLC RIA/Wealth	$389.2K 7.6K shares
Crumly & Associates Inc. RIA/Wealth	$378.4K 7.4K shares
Ballentine Capital Advisors, Inc RIA/Wealth	$375.9K 7.3K shares
NOVEM GROUP RIA/Wealth	$331.3K 6.5K shares
Financial Advocates Investment Management RIA/Wealth	$256.9K 5.0K shares

Options Activity

Institutions with the largest Call and Put options positions in MUNI as of Q3 2025

Call Positions: 1
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	- - contracts

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with MUNI as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Shotwell Rutter Baer Inc RIA/Wealth	David Witt Shotwell President	5.65% $8.8M	167.3K shares	Q4 2023 Held for 1y 11m	$155.0M
ESG Planning RIA/Wealth	James Robert Rukstalis President	4.57% $9.6M	183.7K shares	Q2 2025 Held for 5 months	$210.0M
Avant Financial Advisors LLC RIA/Wealth	Scott Matthew Ela Managing Partner	4.07% $5.4M	103.3K shares	Q4 2024 Held for 11 months	$132.7M
Crestmont Private Wealth LLC RIA/Wealth	Samuel Sean Mcgee CEO	3.18% $9.6M	184.0K shares	Q2 2025 Held for 5 months	$302.7M
K KEYVANTAGE WEALTH, LLC RIA/Wealth	Jaclyn Marie Cornelius Owner	2.97% $7.1M	135.6K shares	Q4 2024 Held for 11 months	$238.4M
P PACES FERRY WEALTH ADVISORS, LLC RIA/Wealth	Zachary Aaron Morris Founder	2.81% $6.7M	128.3K shares	Q3 2025 Held for 2 months	$238.7M
Morton Brown Family Wealth, LLC RIA/Wealth	Dennis Charles Morton Managing Partner	2.67% $9.3M	177.7K shares	Q2 2024 Held for 1y 5m	$348.5M
Stonebridge Financial Group, LLC RIA/Wealth	William Connors Managing Partner	2.53% $28.7M	548.2K shares	Q4 2024 Held for 11 months	$1.1B
A Austin Wealth Management, LLC RIA/Wealth	Derek David Ripp Managing Partner	2.52% $16.0M	303.1K shares	Q3 2023 Held for 2y 2m	$633.6M
X XY Planning Network, Inc. Institution	-	2.51% $7.4M	143.5K shares	Q4 2024 Held for 11 months	$293.7M

Hedge Fund Spotlight

Discover hedge funds investing in MUNI

Fermata Advisors, LLC

Hedge Fund • Sector

Portfolio ManagerNelson Moonhun Seo

Portfolio Value: $371.6M
Positions: 207
Last Reported: Q3 2025

Sector Allocation

Position in PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund

Market Value: $6.1M
Shares Held: 116.2K
Portfolio Weight: 1.63%
Owned Since: 2022-Q3

Top Holding	Sector	Market Value	Weight
1 Apple AAPL	Consumer Electronics Technology	$13.6M	3.67%
2 JPMorgan Equity Premium Income JEPI	ETF ETF	$13.1M	3.53%
3 Dimensional International Core Equity Market DFAI	ETF ETF	$12.7M	3.43%