Vault-13

INVESCO TR INVT GRADE MUNS VGM

COM · Closed-End Fund · CUSIP 46131M106

109 institutional holders -2 vs Q4 2024
20,601,28220.6m shares reported held*
$205.0mreported value*
10 new 35 added 32 reduced 12 sold out net sold ≈ $3.6m (-319.6k 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 ≈ $9.95.

Trends to Q1 2025

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: 111Q1 25: 109109Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202289
Q4 202295
Q1 202389
Q2 202392
Q3 202386
Q4 2023109
Q1 2024101
Q2 2024103
Q3 2024104
Q4 2024111
Q1 2025109

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 23: 44 bought or addedQ2 23: 25 cut or sold outQ3 23: 39 bought or addedQ3 23: 39 cut or sold outQ3 23Q4 23: 53 bought or addedQ4 23: 32 cut or sold outQ1 24: 47 bought or addedQ1 24: 49 cut or sold outQ1 24Q2 24: 43 bought or addedQ2 24: 41 cut or sold outQ3 24: 51 bought or addedQ3 24: 38 cut or sold outQ3 24Q4 24: 50 bought or addedQ4 24: 33 cut or sold outQ1 25: 45 bought or addedQ1 25: 44 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20234425
Q3 20233939
Q4 20235332
Q1 20244749
Q2 20244341
Q3 20245138
Q4 20245033
Q1 20254544

Biggest buyers

TRUIST FINANCIAL CORP Added +315,342+315.3k
GUGGENHEIM CAPITAL LLC Added +150,328+150.3k
LexAurum Advisors, LLC New +113,651+113.7k
LPL Financial LLC Added +97,916+97.9k
MORGAN STANLEY Added +75,039+75.0k
AMERIPRISE FINANCIAL INC Added +65,983+66.0k
PNC Financial Services Group, Inc. Added +62,788+62.8k
Advisors Asset Management, Inc. Added +60,405+60.4k
Whipplewood Advisors, LLC Added +39,010+39.0k
UBS Group AG Added +24,150+24.1k

Biggest sellers

Karpus Management, Inc. Reduced -326,581-326.6k
SIT INVESTMENT ASSOCIATES INC Reduced -285,157-285.2k
RIVERNORTH CAPITAL MANAGEMENT, LLC Reduced -207,884-207.9k
Pathstone Holdings, LLC Reduced -144,126-144.1k
VAN ECK ASSOCIATES CORP Reduced -80,754-80.8k
Leo Wealth, LLC Reduced -45,892-45.9k
AQR Arbitrage LLC Sold out -43,361-43.4k
KENNEDY INVESTMENT GROUP, INC. Reduced -39,106-39.1k
Fiera Capital Corp Reduced -33,960-34.0k
Marex Group Ltd Sold out -29,782-29.8k

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 Q1 2025

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 Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Karpus Management, Inc. 1.00% of their portfolio Pittsford, NY 3,104,7343.1m $30.9m $30.9m 1.00% Reduced -326.6k -326,581
2 RIVERNORTH CAPITAL MANAGEMENT, LLC 1.39% of their portfolio WEST PALM BEACH, FL 2,632,7752.6m $26.2m $26.2m 1.39% Reduced -207.9k -207,884
3 SIT INVESTMENT ASSOCIATES INC 0.47% of their portfolio Minneapolis, MN 2,001,6092.0m $19.9m $19.9m 0.47% Reduced -285.2k -285,157
4 ROBINSON CAPITAL MANAGEMENT, LLC 5.66% of their portfolio GROSSE POINTE FARMS, MI 1,396,8741.4m $13.9m $13.9m 5.66% Added +15.0k +15,000
5 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 1,045,7711.0m $10.4m $10.4m 0.02% Added +315.3k +315,342
6 Pathstone Holdings, LLC 0.04% of their portfolio ENGLEWOOD, NJ 968,318968.3k $9.8m $9.8m 0.04% Reduced -144.1k -144,126
7 GUGGENHEIM CAPITAL LLC 0.08% of their portfolio CHICAGO, IL 880,132880.1k $8.8m $8.8m 0.08% Added +150.3k +150,328
8 UBS Group AG 0.00% of their portfolio ZURICH, V8 535,226535.2k $5.3m $5.3m 0.00% Added +24.1k +24,150
9 Fiera Capital Corp 0.02% of their portfolio MONTREAL, A8 518,847518.8k $5.2m $5.2m 0.02% Reduced -34.0k -33,960
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 515,081515.1k $5.1m $5.1m 0.00% Added +75.0k +75,039
11 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 459,388459.4k $4.6m $4.6m 0.00% Added +97.9k +97,916
12 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 436,469436.5k $4.3m $4.3m 0.00% Reduced -14.1k -14,121
13 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 370,360370.4k $3.7m $3.7m 0.01% Unchanged
14 MacKay Shields LLC 0.12% of their portfolio New York, NY 370,162370.2k $3.7m $3.7m 0.12% Reduced -1.7k -1,666
15 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 366,710366.7k $3.7m $3.7m 0.00% Added +66.0k +65,983
16 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 338,727338.7k $3.4m $3.4m 0.00% Added +9.5k +9,549
17 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 325,638325.6k $3.2m $3.2m 0.00% Reduced -80.8k -80,754
18 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 238,477238.5k $2.4m $2.4m 0.00% Reduced -20.0k -19,976
19 GREATMARK INVESTMENT PARTNERS, INC. 0.31% of their portfolio COLUMBUS, GA 231,250231.2k $2.3m $2.3m 0.31% Added +16.8k +16,750
20 KENNEDY INVESTMENT GROUP, INC. 1.06% of their portfolio WEST DEPTFORD, NJ 229,135229.1k $2.3m $2.3m 1.06% Reduced -39.1k -39,106
21 Advisors Asset Management, Inc. 0.04% of their portfolio Monument, CO 208,615208.6k $2.1m $2.1m 0.04% Added +60.4k +60,405
22 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 193,768193.8k $1.9m $1.9m 0.00% Added +20.8k +20,827
23 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 185,821185.8k $1.9m $1.9m 0.00% Reduced -23.1k -23,122
24 Melone Private Wealth, LLC 0.92% of their portfolio AUBURN HILLS, MI 176,109176.1k $1.8m $1.8m 0.92% Added +1.8k +1,776
25 Leo Wealth, LLC 0.25% of their portfolio HURST, TX 175,758175.8k $1.8m $1.8m 0.25% Reduced -45.9k -45,892
26 Indiana Trust & Investment Management Co 0.62% of their portfolio MISHAWAKA, IN 172,000172.0k $1.7m $1.7m 0.62% Reduced -3.7k -3,690
27 Gridiron Partners, LLC 0.96% of their portfolio Wexford, PA 149,983150.0k $1.5m $1.5m 0.96% Unchanged
28 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 143,096143.1k $1.4m $1.4m 0.00% Added +2.2k +2,174
29 ROTHSCHILD INVESTMENT LLC 0.08% of their portfolio CHICAGO, IL 113,800113.8k $1.1m $1.1m 0.08% Reduced -17.0k -17,000
30 LexAurum Advisors, LLC 0.22% of their portfolio OVERLAND PARK, KS 113,651113.7k $1.1m $1.1m 0.22% New
31 ABSOLUTE INVESTMENT ADVISERS, LLC 0.16% of their portfolio ROSEMARY BEACH, FL 107,994108.0k $1.1m $1.1m 0.16% Unchanged
32 Whipplewood Advisors, LLC 0.38% of their portfolio LITTLETON, CO 104,427104.4k $647.7k $647.7k 0.38% Added +39.0k +39,010
33 Claro Advisors Inc. 0.14% of their portfolio BOSTON, MA 103,518103.5k $1.0m $1.0m 0.14% Reduced -1.0k -1,023
34 Dakota Wealth Management 0.02% of their portfolio PALM BEACH GARDENS, FL 98,00098.0k $976.1k $976.1k 0.02% Reduced -7.5k -7,500
35 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 96,71796.7k $963.3k $963.3k 0.01% Reduced -1.6k -1,559
36 Cutler Capital Management, LLC 0.30% of their portfolio WORCESTER, MA 86,11786.1k $857.7k $857.7k 0.30% Unchanged
37 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 84,82184.8k $844.8k $844.8k 0.00% Added +62.8k +62,788
38 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 70,96871.0k $706.8k $706.8k 0.00% Reduced -2.7k -2,749
39 Tyche Wealth Partners LLC 0.15% of their portfolio PLANO, TX 70,59870.6k $703.2k $703.2k 0.15% Added +3.2k +3,234
40 Capital Investment Advisory Services, LLC 0.05% of their portfolio RALEIGH, NC 61,18961.2k $609.4k $609.4k 0.05% Added +4.3k +4,328
41 Hennion & Walsh Asset Management, Inc. 0.03% of their portfolio Parsippany, NJ 56,83056.8k $566.0k $566.0k 0.03% Added +139 +139
42 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 51,62551.6k $514.2k $514.2k 0.00% Added +360 +360
43 Thomas J. Herzfeld Advisors, Inc. 0.16% of their portfolio MIAMI BEACH, FL 47,96548.0k $477.7k $477.7k 0.16% Added +9.2k +9,167
44 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 47,51147.5k $473.0k $473.0k 0.00% Reduced -507 -507
45 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 46,82046.8k $466.3k $466.3k 0.00% Reduced -1.2k -1,161
46 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 43,79943.8k $436.2k $436.2k 0.00% Reduced -7.7k -7,678
47 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 39,31239.3k $391.5k $391.5k 0.00% Added +307 +307
48 Quarry LP 0.10% of their portfolio NEW YORK, NY 39,03639.0k $388.8k $388.8k 0.10% Unchanged
49 MELFA WEALTH MANAGEMENT, INC. 0.25% of their portfolio WESTBOROUGH, MA 37,36037.4k $372.1k $372.1k 0.25% Unchanged
50 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 32,54832.5k $324.0k $324.0k 0.00% Added +2.1k +2,059
51 COHEN & STEERS, INC. 0.00% of their portfolio NEW YORK, NY 30,00030.0k $299.0k $299.0k 0.00% Unchanged
52 Sovereign Financial Group, Inc. 0.06% of their portfolio STAMFORD, CT 27,94927.9k $278.4k $278.4k 0.06% Added +2.7k +2,734
53 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 26,18826.2k $260.8k $260.8k 0.00% Unchanged
54 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 24,06924.1k $239.7k $239.7k 0.00% Added +2.9k +2,892
55 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 23,67023.7k $235.8k $235.8k 0.00% Added +1.0k +1,000
56 Avior Wealth Management, LLC 0.01% of their portfolio OMAHA, NE 22,23722.2k $221.5k $221.5k 0.01% Reduced -653 -653
57 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 21,77621.8k $216.9k $216.9k 0.01% Added +97 +97
58 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 21,63021.6k $215.4k $215.4k 0.00% Reduced -1.8k -1,778
59 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 21,12221.1k $210.4k $210.4k 0.00% Added +3.2k +3,248
60 RIVERBRIDGE PARTNERS LLC 0.00% of their portfolio MINNEAPOLIS, MN 20,62020.6k $205.4k $205.4k 0.00% Added +1.4k +1,397
61 WealthBridge Capital Management, LLC 0.06% of their portfolio WESTERVILLE, OH 20,00020.0k $199.2k $199.2k 0.06% Reduced -500 -500
62 StoneX Group Inc. 0.01% of their portfolio NEW YORK, NY 19,49619.5k $194.2k $194.2k 0.01% Added +29 +29
63 SIMON QUICK ADVISORS, LLC 0.01% of their portfolio MORRISTOWN, NJ 19,32719.3k $192.5k $192.5k 0.01% Added +553 +553
64 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 19,31519.3k $192.4k $192.4k 0.00% Unchanged
65 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 18,69418.7k $186.2k $186.2k 0.00% First filing
66 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 15,82515.8k $158.0k $158.0k 0.00% New
67 Wealth Alliance Advisory Group, LLC 0.03% of their portfolio Wichita, KS 15,73715.7k $156.7k $156.7k 0.03% Unchanged
68 AlphaCore Capital LLC 0.01% of their portfolio LA JOLLA, CA 15,72115.7k $156.6k $156.6k 0.01% New
69 Prospera Financial Services Inc 0.00% of their portfolio Dallas, TX 15,60615.6k $155.4k $155.4k 0.00% New
70 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 15,30515.3k $152.4k $152.4k 0.00% Reduced -615 -615
71 Institute for Wealth Management, LLC. 0.02% of their portfolio DENVER, CO 15,10015.1k $150.4k $150.4k 0.02% Unchanged
72 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 14,86114.9k $148.0k $148.0k 0.00% Unchanged
73 Permanent Capital Management, LP 0.04% of their portfolio CHICAGO, IL 14,02914.0k $139.7k $139.7k 0.04% Reduced -1.2k -1,245
74 Dynamic Advisor Solutions LLC 0.00% of their portfolio PHOENIX, AZ 13,65013.7k $136.0k $136.0k 0.00% Added +900 +900
75 Kercheville Advisors, LLC 0.05% of their portfolio San Antonio, TX 13,52013.5k $134.7k $134.7k 0.05% Added +29 +29
76 Zullo Investment Group, Inc. 0.06% of their portfolio SCRANTON, PA 13,50013.5k $134.5k $134.5k 0.06% Unchanged
77 CALTON & ASSOCIATES, INC. 0.03% of their portfolio Tampa, FL 13,21013.2k $131.6k $131.6k 0.03% New
78 Anderson Financial Strategies, LLC 0.08% of their portfolio DAYTON, OH 12,63512.6k $125.8k $125.8k 0.08% Unchanged
79 Capital Investment Advisors, LLC 0.00% of their portfolio ATLANTA, GA 12,55512.6k $125.0k $125.0k 0.00% Reduced -750 -750
80 Summit Trail Advisors, LLC 0.00% of their portfolio NEW YORK, NY 12,37712.4k $123.3k $123.3k 0.00% Added +382 +382
81 KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio BROOKLYN, OH 12,08312.1k $120.3k $120.3k 0.00% Reduced -700 -700
82 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.02% of their portfolio BLUE BELL, PA 11,60011.6k $115.5k $115.5k 0.02% Reduced -2.1k -2,100
83 Catalina Capital Group, LLC 0.07% of their portfolio Torrance, CA 11,05011.1k $110.1k $110.1k 0.07% Unchanged
84 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 11,01011.0k $109.7k $109.7k 0.00% Unchanged
85 Alesco Advisors, LLC, An ESL Co 0.00% of their portfolio Pittsford, NY 11,00011.0k $109.6k $109.6k 0.00% Unchanged
86 MOODY NATIONAL BANK TRUST DIVISION 0.01% of their portfolio GALVESTON, TX 10,94810.9k $109.0k $109.0k 0.01% Unchanged
87 Concurrent Investment Advisors, LLC 0.00% of their portfolio Tampa, FL 10,30510.3k $102.6k $102.6k 0.00% Unchanged
88 BOKF, NA 0.00% of their portfolio TULSA, OK 10,00010.0k $99.6k $99.6k 0.00% Reduced -21.5k -21,500
89 High Note Wealth, LLC 0.02% of their portfolio DEEPHAVEN, MN 7,7477.7k $77.2k $77.2k 0.02% Reduced -4.8k -4,847
90 Mountain Hill Investment Partners Corp. 0.07% of their portfolio ATLANTIC HIGHLANDS, NJ 7,0007.0k $69.7k $69.7k 0.07% Unchanged
91 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 4,5414.5k $45.0k $45.0k 0.00% Added +4.5k +4,537
92 COMERICA BANK 0.00% of their portfolio DALLAS, TX 4,0004.0k $39.8k $39.8k 0.00% Unchanged
93 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 2,6502.6k $26.4k $26.4k 0.00% Unchanged
94 CX Institutional 0.00% of their portfolio AUBURN, IN 2,3992.4k $24.0k $24.0k 0.00% New
95 EASTERN BANK 0.00% of their portfolio BOSTON, MA 2,1862.2k $21.8k $21.8k 0.00% New
96 Fortitude Family Office, LLC 0.01% of their portfolio SCOTTSDALE, AZ 2,0002.0k $19.9k $19.9k 0.01% Unchanged
97 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 1,3731.4k $13.7k $13.7k 0.00% Reduced -46 -46
98 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 985985 $9.8k $9.8k 0.00% Unchanged
99 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 953953 $9.4k $9.4k 0.00% New
100 Key Financial Inc 0.00% of their portfolio WEST CHESTER, PA 608608 $6.1k $6.1k 0.00% Unchanged