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Invesco Trust for Investment Grade Municipals

VGM
Exchange
NYSE
SEC CIK
0000880892

No open-market purchases or sales by Invesco Trust for Investment Grade Municipals insiders were filed in the last 90 days; 103 institutions reported holding it in 13F filings for Q2 2026, worth $128.3M in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Invesco Trust for Investment Grade Municipals as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
103
−5 vs. Q3 2025
Shares held
13.0M
−2.58M (−16.6%) vs. Q3 2025
Total value
$134.6M
−$6.94M (−4.9%) vs. Q3 2025
New holders
10
35 more added
Sold out
15
26 more reduced

1 institution that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting VGM on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 103 institutions
Q1 2021: 80 institutionsQ2 2021: 78 institutionsQ3 2021: 80 institutionsQ4 2021: 90 institutionsQ1 2022: 94 institutionsQ2 2022: 88 institutionsQ3 2022: 89 institutionsQ4 2022: 96 institutionsQ1 2023: 89 institutionsQ2 2023: 91 institutionsQ3 2023: 85 institutionsQ4 2023: 108 institutionsQ1 2024: 100 institutionsQ2 2024: 101 institutionsQ3 2024: 103 institutionsQ4 2024: 109 institutionsQ1 2025: 108 institutionsQ2 2025: 115 institutionsQ3 2025: 109 institutionsQ4 2025: 103 institutionsQ1 2026: 110 institutionsQ2 2026: 103 institutions
Value heldQ4 2025: $134.6M
Q1 2021: $141.8MQ2 2021: $142.8MQ3 2021: $138.3MQ4 2021: $141.8MQ1 2022: $123.9MQ2 2022: $127.8MQ3 2022: $122.4MQ4 2022: $157.2MQ1 2023: $159.6MQ2 2023: $164.4MQ3 2023: $152.3MQ4 2023: $206.3MQ1 2024: $214.2MQ2 2024: $227.5MQ3 2024: $214.6MQ4 2024: $211.5MQ1 2025: $205.0MQ2 2025: $151.9MQ3 2025: $142.2MQ4 2025: $134.6MQ1 2026: $116.7MQ2 2026: $128.3M
Institutions holding VGM and their total value by quarter
QuarterHoldersValue
Q2 2026103$128.3M
Q1 2026110$116.7M
Q4 2025103$134.6M
Q3 2025109$142.2M
Q2 2025115$151.9M
Q1 2025108$205.0M
Q4 2024109$211.5M
Q3 2024103$214.6M
Q2 2024101$227.5M
Q1 2024100$214.2M
Q4 2023108$206.3M
Q3 202385$152.3M
Q2 202391$164.4M
Q1 202389$159.6M
Q4 202296$157.2M
Q3 202289$122.4M
Q2 202288$127.8M
Q1 202294$123.9M
Q4 202190$141.8M
Q3 202180$138.3M
Q2 202178$142.8M
Q1 202180$141.8M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Invesco Trust for Investment Grade Municipals; share changes are against Q3 2025.

Institutions holding VGM in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Guggenheim Capital LLC1,242,714$12.9M0.09%+58,922+5.0%Added
Robinson Capital Management, LLC1,168,261$12.1M5.08%+1,315+0.1%Added
LPL Financial LLC855,464$8.87M0.00%+96,570+12.7%Added
Sit Investment Associates Inc723,224$7.50M0.15%−4,732−0.7%Reduced
Morgan Stanley644,709$6.69M0.00%+99,657+18.3%Added
Wells Fargo & Company599,549$6.22M0.00%−31,287−5.0%Reduced
UBS Group AG568,689$5.90M0.00%+15,267+2.8%Added
Hennion & Walsh Asset Management, Inc.498,772$5.17M0.18%+470,277+1,650.4%Added
Bank of America Corp475,197$4.93M0.00%−20,711−4.2%Reduced
Ameriprise Financial Inc432,699$4.49M0.00%+49,963+13.1%Added
Truist Financial Corp371,022$3.85M0.01%−274,968−42.6%Reduced
Rivernorth Capital Management, LLC364,777$3.78M0.18%−576,951−61.3%Reduced
Royal Bank of Canada344,315$3.57M0.00%+22,859+7.1%Added
Van Eck Associates Corp311,378$3.23M0.00%+30,992+11.1%Added
Mackay Shields LLC308,543$3.20M0.11%−61,619−16.6%Reduced
Leo Wealth, LLC261,050$2.71M0.20%+79,256+43.6%Added
Greatmark Investment Partners, Inc.248,750$2.58M0.31%00.0%Unchanged
Stifel Financial Corp245,207$2.54M0.00%+1,047+0.4%Added
Advisors Asset Management, Inc.195,389$2.03M0.03%−2,696−1.4%Reduced
Melone Private Wealth, LLC195,377$2.03M0.86%+3,067+1.6%Added
Raymond James Financial Inc171,781$1.78M0.00%−23,120−11.9%Reduced
Indiana Trust & Investment Management CO163,647$1.70M0.50%−9,500−5.5%Reduced
Commonwealth Equity Services, LLC159,679$1.66M0.00%+13,388+9.2%Added
Gridiron Partners, LLC149,983$1.56M0.89%−1,572,747−91.3%Reduced
Allspring Global Investments Holdings, LLC140,277$1.45M0.00%−155,584−52.6%Reduced
Cetera Investment Advisers128,180$1.33M0.00%+12,891+11.2%Added
N.E.W. Advisory Services LLC124,460$1.29M0.10%+74,675+150.0%Added
Claro Advisors LLC113,427$1.18M0.16%+27,590+32.1%Added
Stratos Wealth Partners, LTD.108,515$1.13M0.01%00.0%Unchanged
Invesco Ltd.92,786$962.2K0.00%−8,844−8.7%Reduced
Cutler Capital Management, LLC86,117$893.0K0.27%00.0%Unchanged
The PNC Financial Services Group, Inc.84,821$879.6K0.00%00.0%Unchanged
Tyche Wealth Partners LLC82,098$851.4K0.14%00.0%Unchanged
Whipplewood Advisors, LLC71,160$737.9K0.47%−340−0.5%Reduced
Private Advisor Group, LLC68,469$710.0K0.00%−834−1.2%Reduced
Pensionmark Financial Group, LLC67,694$702.0K0.01%+11,860+21.2%Added
Capital Investment Advisory Services, LLC66,406$688.6K0.05%+3,358+5.3%Added
Advisor Group Holdings, Inc.61,483$637.6K0.00%−28,302−31.5%Reduced
GWM Advisors LLC58,715$608.9K0.00%+15,645+36.3%Added
Calton & Associates, Inc.54,483$565.0K0.08%+549+1.0%Added
Baird Financial Group, Inc.51,265$531.6K0.00%00.0%Unchanged
Rockefeller Capital Management L.P.41,448$429.8K0.00%−4,100−9.0%Reduced
Mercer Global Advisors Inc40,816$423.3K0.00%−49,697−54.9%Reduced
Melfa Wealth Management, LLC37,360$387.4K0.22%00.0%Unchanged
Colony Group, LLC35,600$369.2K0.00%+35,600New
Sovereign Financial Group, Inc.30,703$318.4K0.06%+372+1.2%Added
Prospera Financial Services Inc29,606$307.0K0.01%00.0%Unchanged
Burford Brothers, Inc.27,625$286.5K0.12%00.0%Unchanged
Northwestern Mutual Wealth Management Co26,339$273.1K0.00%+1,617+6.5%Added
Harbour Investments, Inc.25,945$269.1K0.01%−1,455−5.3%Reduced
Wiley Bros.-Aintree Capital, LLC25,707$266.6K0.00%+13,919+118.1%Added
StoneX Group Inc.22,802$236.5K0.01%00.0%Unchanged
Carroll Advisory Group, LLC22,645$234.8K0.10%+22,645New
WealthBridge Capital Management, LLC22,500$233.3K0.05%00.0%Unchanged
Kercheville Advisors, LLC22,112$226.2K0.06%+30+0.1%Added
Sequoia Financial Advisors, LLC20,953$217.3K0.00%00.0%Unchanged
Kestra Advisory Services, LLC20,041$207.8K0.00%+22+0.1%Added
Cambridge Investment Research Advisors, Inc.19,496$202.0K0.00%−3,926−16.8%Reduced
Nuveen, LLC18,694$193.9K0.00%00.0%Unchanged
First Trust Advisors LP18,041$187.1K0.00%+803+4.7%Added
Cornerstone Wealth Management, LLC17,165$178.0K0.01%+2,076+13.8%Added
Atomi Financial Group, Inc.16,796$174.2K0.01%+227+1.4%Added
AlphaCore Capital LLC16,674$172.9K0.00%+311+1.9%Added
Wealth Alliance Advisory Group, LLC15,737$163.2K0.03%00.0%Unchanged
Virtu Financial LLC15,643$162.0K0.01%+15,643New
Institute for Wealth Management, LLC.15,100$156.6K0.02%00.0%Unchanged
Closed-End Fund Advisors, Inc.14,663$152.1K0.09%+14,663New
Dynamic Advisor Solutions LLC14,150$146.7K0.00%−100−0.7%Reduced
Capital Investment Advisors, LLC13,795$143.1K0.00%−760−5.2%Reduced
Zullo Investment Group, Inc.13,500$140.0K0.05%00.0%Unchanged
Keybank National Association11,883$123.2K0.00%00.0%Unchanged
Janney Montgomery Scott LLC11,692$121.0K0.00%−3,000−20.4%Reduced
Concurrent Investment Advisors, LLC11,176$115.9K0.00%−1,629−12.7%Reduced
Catalina Capital Group, LLC11,104$115.1K0.07%+54+0.5%Added
Alesco Advisors LLC11,000$114.1K0.00%00.0%Unchanged
WMG Financial Advisors, LLC10,879$112.8K0.05%+203+1.9%Added
Kennedy Investment Group10,419$108.0K0.04%−168,804−94.2%Reduced
Wealthspire Advisors, LLC10,000$103.7K0.00%00.0%Unchanged
Camelot Portfolios, LLC9,900$102.7K0.06%+9,900New
Cohen & Steers, Inc.7,500$78.0K0.00%00.0%Unchanged
Mountain Hill Investment Partners Corp.7,000$72.6K0.05%00.0%Unchanged
NBC Securities, Inc.6,227$64.6K0.00%00.0%Unchanged
Allworth Financial LP5,688$59.0K0.00%+5,001+727.9%Added
Comerica Bank5,370$55.7K0.00%+2,470+85.2%Added
Huntington National Bank–$46.7K0.00%––
IFP Advisors, Inc3,686$38.2K0.00%+19+0.5%Added
High Note Wealth, LLC2,610$27.1K0.01%−344−11.6%Reduced
Eastern Bank2,186$22.7K0.00%00.0%Unchanged
US Bancorp2,041$21.2K0.00%+2,041New
Essential Investment Partners LLC1,500$15.6K0.01%+1,500New
SageView Advisory Group, LLC1,394$14.5K0.00%+1,394New
Ancora Advisors, LLC1,196$12.4K0.00%−101−7.8%Reduced
City Holding Co1,000$10.4K0.00%00.0%Unchanged
Highline Wealth Partners LLC1,000$10.4K0.00%00.0%Unchanged
Assetmark, Inc809$8.39K0.00%+809New
Rothschild Investment LLC800$8.30K0.00%00.0%Unchanged
MAI Capital Management542$5.62K0.00%+42+8.4%Added
CVA Family Office, LLC400$4.15K0.00%00.0%Unchanged
Smartleaf Asset Management LLC381$3.95K0.00%+381New
Mascoma Wealth Management LLC320$3.32K0.00%00.0%Unchanged