Vault-13

INVESCO TR INVT GRADE MUNS VGM

COM · Closed-End Fund · CUSIP 46131M106

111 institutional holders +7 vs Q3 2024
20,938,13520.9m shares reported held*
$211.5mreported value*
12 new 38 added 26 reduced 7 sold out net bought ≈ $4.9m (+484.4k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $10.10.

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 89Q4 22: 95Q1 23: 89Q2 23: 92Q3 23: 86Q4 23: 109Q1 24: 101Q2 24: 103Q3 24: 104Q4 24: 111111Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 202289
Q4 202295
Q1 202389
Q2 202392
Q3 202386
Q4 2023109
Q1 2024101
Q2 2024103
Q3 2024104
Q4 2024111

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q1 23: 39 bought or addedQ1 23: 37 cut or sold outQ2 23: 44 bought or addedQ2 23: 25 cut or sold outQ2 23Q3 23: 39 bought or addedQ3 23: 39 cut or sold outQ4 23: 53 bought or addedQ4 23: 32 cut or sold outQ4 23Q1 24: 47 bought or addedQ1 24: 49 cut or sold outQ2 24: 43 bought or addedQ2 24: 41 cut or sold outQ2 24Q3 24: 51 bought or addedQ3 24: 38 cut or sold outQ4 24: 50 bought or addedQ4 24: 33 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 20233937
Q2 20234425
Q3 20233939
Q4 20235332
Q1 20244749
Q2 20244341
Q3 20245138
Q4 20245033

Biggest buyers

RIVERNORTH CAPITAL MANAGEMENT, LLC Added +1,228,240+1.2m
Karpus Management, Inc. Added +603,587+603.6k
ROBINSON CAPITAL MANAGEMENT, LLC Added +425,602+425.6k
Pathstone Holdings, LLC Added +348,153+348.2k
LPL Financial LLC Added +212,940+212.9k
GUGGENHEIM CAPITAL LLC Added +193,954+194.0k
Advisors Asset Management, Inc. New +148,210+148.2k
BANK OF AMERICA CORP /DE/ Added +120,024+120.0k
Invesco Ltd. Added +50,212+50.2k
Marex Group Ltd New +29,782+29.8k

Biggest sellers

Saba Capital Management, L.P. Sold out -2,404,317-2.4m
SIT INVESTMENT ASSOCIATES INC Reduced -205,051-205.1k
AQR Arbitrage LLC Reduced -187,391-187.4k
Logan Stone Capital, LLC Sold out -153,789-153.8k
Cambridge Investment Research Advisors, Inc. Reduced -41,405-41.4k
MORGAN STANLEY Reduced -34,579-34.6k
HighTower Advisors, LLC Reduced -29,829-29.8k
NINE MASTS CAPITAL Ltd Sold out -28,982-29.0k
TRUIST FINANCIAL CORP Reduced -23,360-23.4k
KENNEDY INVESTMENT GROUP, INC. Reduced -17,400-17.4k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
JPMorgan Chase Bank, N.A. 13G · institution filed 2025-09-08 100.0% 1.8k 2025-09-08

Insider purchases and sales in Q4 2024

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q4 2024.

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Karpus Management, Inc. 1.02% of their portfolio Pittsford, NY 3,431,3153.4m $34.7m $34.7m 1.02% Added +603.6k +603,587
2 RIVERNORTH CAPITAL MANAGEMENT, LLC 1.38% of their portfolio WEST PALM BEACH, FL 2,840,6592.8m $28.7m $28.7m 1.38% Added +1.2m +1,228,240
3 SIT INVESTMENT ASSOCIATES INC 0.52% of their portfolio Minneapolis, MN 2,286,7662.3m $23.1m $23.1m 0.52% Reduced -205.1k -205,051
4 ROBINSON CAPITAL MANAGEMENT, LLC 5.63% of their portfolio GROSSE POINTE FARMS, MI 1,381,8741.4m $14.0m $14.0m 5.63% Added +425.6k +425,602
5 Pathstone Holdings, LLC 0.05% of their portfolio ENGLEWOOD, NJ 1,112,4441.1m $11.2m $11.2m 0.05% Added +348.2k +348,153
6 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 730,429730.4k $7.4m $7.4m 0.01% Reduced -23.4k -23,360
7 GUGGENHEIM CAPITAL LLC 0.06% of their portfolio CHICAGO, IL 729,804729.8k $7.4m $7.4m 0.06% Added +194.0k +193,954
8 Fiera Capital Corp 0.02% of their portfolio MONTREAL, A8 552,807552.8k $5.6m $5.6m 0.02% Added +9.3k +9,260
9 UBS Group AG 0.00% of their portfolio ZURICH, V8 511,076511.1k $5.2m $5.2m 0.00% Added +19.2k +19,189
10 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 450,590450.6k $4.6m $4.6m 0.00% Reduced -15.9k -15,854
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 440,042440.0k $4.4m $4.4m 0.00% Reduced -34.6k -34,579
12 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 406,392406.4k $4.1m $4.1m 0.01% Added +12.3k +12,316
13 MacKay Shields LLC 0.11% of their portfolio New York, NY 371,828371.8k $3.8m $3.8m 0.11% Reduced -2.0k -1,989
14 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 370,360370.4k $3.7m $3.7m 0.01% Unchanged
15 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 361,472361.5k $3.7m $3.7m 0.00% Added +212.9k +212,940
16 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 329,178329.2k $3.3m $3.3m 0.00% Added +120.0k +120,024
17 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 300,727300.7k $3.0m $3.0m 0.00% Added +20.1k +20,054
18 KENNEDY INVESTMENT GROUP, INC. 1.23% of their portfolio WEST DEPTFORD, NJ 268,241268.2k $2.7m $2.7m 1.23% Reduced -17.4k -17,400
19 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 258,453258.5k $2.6m $2.6m 0.00% Added +13.2k +13,227
20 Leo Wealth, LLC 0.20% of their portfolio HURST, TX 221,650221.7k $2.2m $2.2m 0.20% Added +3.5k +3,527
21 GREATMARK INVESTMENT PARTNERS, INC. 0.29% of their portfolio COLUMBUS, GA 214,500214.5k $2.2m $2.2m 0.29% Reduced -2.0k -2,050
22 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 208,943208.9k $2.1m $2.1m 0.00% First filing
23 Indiana Trust & Investment Management Co 0.60% of their portfolio MISHAWAKA, IN 175,690175.7k $1.8m $1.8m 0.60% Added +3.2k +3,198
24 Melone Private Wealth, LLC 0.91% of their portfolio AUBURN HILLS, MI 174,333174.3k $1.8m $1.8m 0.91% Added +2.7k +2,684
25 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 172,941172.9k $1.7m $1.7m 0.00% Added +5.7k +5,670
26 Gridiron Partners, LLC 0.96% of their portfolio Wexford, PA 149,983150.0k $1.5m $1.5m 0.96% Unchanged
27 Advisors Asset Management, Inc. 0.03% of their portfolio Monument, CO 148,210148.2k $1.5m $1.5m 0.03% New
28 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 140,922140.9k $1.4m $1.4m 0.00% Added +50.2k +50,212
29 ROTHSCHILD INVESTMENT LLC 0.09% of their portfolio CHICAGO, IL 130,800130.8k $1.3m $1.3m 0.09% Unchanged
30 ABSOLUTE INVESTMENT ADVISERS, LLC 0.14% of their portfolio ROSEMARY BEACH, FL 107,994108.0k $1.1m $1.1m 0.14% Added +21.1k +21,094
31 Dakota Wealth Management 0.02% of their portfolio PALM BEACH GARDENS, FL 105,500105.5k $1.1m $1.1m 0.02% Added +15.5k +15,500
32 Claro Advisors Inc. 0.14% of their portfolio BOSTON, MA 104,541104.5k $1.1m $1.1m 0.14% Reduced -2.6k -2,624
33 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 98,27698.3k $992.6k $992.6k 0.01% Added +278 +278
34 Cutler Capital Management, LLC 0.30% of their portfolio WORCESTER, MA 86,11786.1k $869.8k $869.8k 0.30% Unchanged
35 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 73,71773.7k $744.5k $744.5k 0.00% Reduced -216 -216
36 Tyche Wealth Partners LLC 0.14% of their portfolio PLANO, TX 67,36467.4k $680.4k $680.4k 0.14% Reduced -4.2k -4,180
37 Whipplewood Advisors, LLC 0.38% of their portfolio LITTLETON, CO 65,41765.4k $660.7k $660.7k 0.38% First filing
38 Capital Investment Advisory Services, LLC 0.06% of their portfolio RALEIGH, NC 56,86156.9k $574.3k $574.3k 0.06% Added +2.1k +2,126
39 Hennion & Walsh Asset Management, Inc. 0.03% of their portfolio Parsippany, NJ 56,69156.7k $572.6k $572.6k 0.03% Added +325 +325
40 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 51,47751.5k $519.9k $519.9k 0.00% Reduced -9.1k -9,142
41 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 51,26551.3k $517.8k $517.8k 0.00% Unchanged
42 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 48,01848.0k $485.0k $485.0k 0.00% Reduced -795 -795
43 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 47,98148.0k $484.6k $484.6k 0.00% Added +4.6k +4,565
44 AQR Arbitrage LLC 0.01% of their portfolio Greenwich, CT 43,36143.4k $437.9k $437.9k 0.01% Reduced -187.4k -187,391
45 Quarry LP 0.08% of their portfolio NEW YORK, NY 39,03639.0k $394.3k $394.3k 0.08% Added +7.2k +7,236
46 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 39,00539.0k $393.9k $393.9k 0.00% Added +1.5k +1,504
47 Thomas J. Herzfeld Advisors, Inc. 0.13% of their portfolio MIAMI BEACH, FL 38,79838.8k $391.9k $391.9k 0.13% Added +5.9k +5,940
48 MELFA WEALTH MANAGEMENT, INC. 0.25% of their portfolio WESTBOROUGH, MA 37,36037.4k $377.3k $377.3k 0.25% Unchanged
49 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 35,97336.0k $363.3k $363.3k 0.00% Added +22.1k +22,109
50 BOKF, NA 0.01% of their portfolio TULSA, OK 31,50031.5k $313.1k $313.1k 0.01% Unchanged
51 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 30,48930.5k $308.0k $308.0k 0.00% Reduced -41.4k -41,405
52 COHEN & STEERS, INC. 0.00% of their portfolio NEW YORK, NY 30,00030.0k $303.0k $303.0k 0.00% Added +5.0k +5,000
53 Marex Group Ltd 0.01% of their portfolio London, X0 29,78229.8k $300.8k $300.8k 0.01% New
54 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 26,18826.2k $264.5k $264.5k 0.00% Unchanged
55 Sovereign Financial Group, Inc. 0.06% of their portfolio STAMFORD, CT 25,21525.2k $254.7k $254.7k 0.06% Added +14.3k +14,277
56 Argyle Capital Partners, LLC 0.21% of their portfolio LOS ANGELES, CA 23,96324.0k $242.0k $242.0k 0.21% First filing
57 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 23,40823.4k $236.4k $236.4k 0.00% Reduced -2.7k -2,683
58 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.03% of their portfolio Englewood, NJ 23,36523.4k $236.0k $236.0k 0.03% New
59 Avior Wealth Management, LLC 0.01% of their portfolio OMAHA, NE 22,89022.9k $231.2k $231.2k 0.01% Added +4.3k +4,314
60 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 22,67022.7k $229.0k $229.0k 0.00% Added +6.1k +6,100
61 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 22,03322.0k $222.5k $222.5k 0.00% Reduced -37 -37
62 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 21,67921.7k $219.0k $219.0k 0.01% Added +5.1k +5,093
63 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 21,17721.2k $213.9k $213.9k 0.00% Added +4.2k +4,154
64 WealthBridge Capital Management, LLC 0.06% of their portfolio WESTERVILLE, OH 20,50020.5k $207.1k $207.1k 0.06% Unchanged
65 StoneX Group Inc. 0.01% of their portfolio NEW YORK, NY 19,46719.5k $196.6k $196.6k 0.01% New
66 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 19,31519.3k $195.1k $195.1k 0.00% Unchanged
67 RIVERBRIDGE PARTNERS LLC 0.00% of their portfolio MINNEAPOLIS, MN 19,22319.2k $194.2k $194.2k 0.00% Reduced -721 -721
68 SIMON QUICK ADVISORS, LLC 0.01% of their portfolio MORRISTOWN, NJ 18,77418.8k $189.6k $189.6k 0.01% Added +867 +867
69 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 17,87417.9k $180.5k $180.5k 0.00% Added +6.8k +6,798
70 Focus Partners Advisor Solutions, LLC 0.00% of their portfolio SAINT LOUIS, MO 17,76817.8k $179.5k $179.5k 0.00% Unchanged
71 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 17,00417.0k $171.7k $171.7k 0.01% New
72 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 15,92015.9k $160.8k $160.8k 0.00% Reduced -2.5k -2,530
73 Wealth Alliance Advisory Group, LLC 0.03% of their portfolio Wichita, KS 15,73715.7k $158.9k $158.9k 0.03% Reduced -1.2k -1,200
74 Permanent Capital Management, LP 0.05% of their portfolio CHICAGO, IL 15,27415.3k $154.3k $154.3k 0.05% First filing
75 Institute for Wealth Management, LLC. 0.02% of their portfolio DENVER, CO 15,10015.1k $152.5k $152.5k 0.02% Unchanged
76 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 14,86114.9k $150.0k $150.0k 0.00% New
77 NOMURA HOLDINGS INC 0.00% of their portfolio TOKYO, M0 14,00014.0k $141.4k $141.4k 0.00% New
78 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.03% of their portfolio BLUE BELL, PA 13,70013.7k $138.4k $138.4k 0.03% Reduced -2.2k -2,200
79 Zullo Investment Group, Inc. 0.06% of their portfolio SCRANTON, PA 13,50013.5k $136.3k $136.3k 0.06% Unchanged
80 Kercheville Advisors, LLC 0.05% of their portfolio San Antonio, TX 13,49113.5k $136.3k $136.3k 0.05% Added +28 +28
81 Capital Investment Advisors, LLC 0.00% of their portfolio ATLANTA, GA 13,30513.3k $134.4k $134.4k 0.00% New
82 OPPENHEIMER & CO INC 0.00% of their portfolio NEW YORK, NY 13,16713.2k $133.0k $133.0k 0.00% Reduced -11.0k -11,000
83 KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio BROOKLYN, OH 12,78312.8k $129.1k $129.1k 0.00% Unchanged
84 Dynamic Advisor Solutions LLC 0.01% of their portfolio PHOENIX, AZ 12,75012.8k $128.8k $128.8k 0.01% Reduced -200 -200
85 Anderson Financial Strategies, LLC 0.08% of their portfolio DAYTON, OH 12,63512.6k $127.6k $127.6k 0.08% First filing
86 High Note Wealth, LLC 0.03% of their portfolio DEEPHAVEN, MN 12,59412.6k $127.2k $127.2k 0.03% Reduced -8.2k -8,227
87 Summit Trail Advisors, LLC 0.00% of their portfolio NEW YORK, NY 11,99512.0k $121.2k $121.2k 0.00% Reduced -140 -140
88 Catalina Capital Group, LLC 0.04% of their portfolio Torrance, CA 11,05011.1k $111.6k $111.6k 0.04% Unchanged
89 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 11,01011.0k $111.2k $111.2k 0.00% Unchanged
90 Alesco Advisors, LLC, An ESL Co 0.00% of their portfolio Pittsford, NY 11,00011.0k $111.1k $111.1k 0.00% Unchanged
91 MOODY NATIONAL BANK TRUST DIVISION 0.01% of their portfolio GALVESTON, TX 10,94810.9k $110.6k $110.6k 0.01% New
92 Concurrent Investment Advisors, LLC 0.00% of their portfolio Tampa, FL 10,30510.3k $104.1k $104.1k 0.00% Unchanged
93 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 10,03910.0k $101.4k $101.4k 0.00% Reduced -29.8k -29,829
94 Mountain Hill Investment Partners Corp. 0.07% of their portfolio ATLANTIC HIGHLANDS, NJ 7,0007.0k $70.7k $70.7k 0.07% First filing
95 COMERICA BANK 0.00% of their portfolio DALLAS, TX 4,0004.0k $40.4k $40.4k 0.00% Unchanged
96 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 2,6502.6k $26.8k $26.8k 0.00% Added +844 +844
97 Fortitude Family Office, LLC 0.01% of their portfolio SCOTTSDALE, AZ 2,0002.0k $20.2k $20.2k 0.01% Unchanged
98 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 1,4191.4k $14.3k $14.3k 0.00% Unchanged
99 Bogart Wealth, LLC 0.00% of their portfolio MCLEAN, VA 1,0991.1k $11.1k $11.1k 0.00% Unchanged
100 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 985985 $9.9k $9.9k 0.00% Unchanged