diff --git a/CHANGELOG.md b/CHANGELOG.md
index adc30379b006..5e2b0ba368f8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -41,6 +41,10 @@ Ref: https://keepachangelog.com/en/1.0.0/
 
 * (x/auth) [#13612](https://github.com/cosmos/cosmos-sdk/pull/13612) Add `Query/ModuleAccountByName` endpoint for accessing the module account info by module name.
 
+### Improvements
+
+* (deps) Bump IAVL version to [v0.19.4](https://github.com/cosmos/iavl/releases/tag/v0.19.4).
+
 ## Bug Fixes
 
 * (x/auth/tx) [#12474](https://github.com/cosmos/cosmos-sdk/pull/12474) Remove condition in GetTxsEvent that disallowed multiple equal signs, which would break event queries with base64 strings (i.e. query by signature).
diff --git a/go.mod b/go.mod
index a52fc0808d75..4e5bfeb141f7 100644
--- a/go.mod
+++ b/go.mod
@@ -18,7 +18,7 @@ require (
 	github.com/cosmos/cosmos-proto v1.0.0-alpha7
 	github.com/cosmos/cosmos-sdk/db v1.0.0-beta.1
 	github.com/cosmos/go-bip39 v1.0.0
-	github.com/cosmos/iavl v0.19.3
+	github.com/cosmos/iavl v0.19.4
 	github.com/cosmos/ledger-cosmos-go v0.11.1
 	github.com/gogo/gateway v1.1.0
 	github.com/gogo/protobuf v1.3.2
diff --git a/go.sum b/go.sum
index 7e51bfc687d0..7d05b9dc6562 100644
--- a/go.sum
+++ b/go.sum
@@ -237,8 +237,8 @@ github.com/cosmos/go-bip39 v1.0.0 h1:pcomnQdrdH22njcAatO0yWojsUnCO3y2tNoV1cb6hHY
 github.com/cosmos/go-bip39 v1.0.0/go.mod h1:RNJv0H/pOIVgxw6KS7QeX2a0Uo0aKUlfhZ4xuwvCdJw=
 github.com/cosmos/gorocksdb v1.2.0 h1:d0l3jJG8M4hBouIZq0mDUHZ+zjOx044J3nGRskwTb4Y=
 github.com/cosmos/gorocksdb v1.2.0/go.mod h1:aaKvKItm514hKfNJpUJXnnOWeBnk2GL4+Qw9NHizILw=
-github.com/cosmos/iavl v0.19.3 h1:cESO0OwTTxQm5rmyESKW+zESheDUYI7CcZDWWDwnuxg=
-github.com/cosmos/iavl v0.19.3/go.mod h1:X9PKD3J0iFxdmgNLa7b2LYWdsGd90ToV5cAONApkEPw=
+github.com/cosmos/iavl v0.19.4 h1:t82sN+Y0WeqxDLJRSpNd8YFX5URIrT+p8n6oJbJ2Dok=
+github.com/cosmos/iavl v0.19.4/go.mod h1:X9PKD3J0iFxdmgNLa7b2LYWdsGd90ToV5cAONApkEPw=
 github.com/cosmos/keyring v1.1.7-0.20210622111912-ef00f8ac3d76 h1:DdzS1m6o/pCqeZ8VOAit/gyATedRgjvkVI+UCrLpyuU=
 github.com/cosmos/keyring v1.1.7-0.20210622111912-ef00f8ac3d76/go.mod h1:0mkLWIoZuQ7uBoospo5Q9zIpqq6rYCPJDSUdeCJvPM8=
 github.com/cosmos/ledger-cosmos-go v0.11.1 h1:9JIYsGnXP613pb2vPjFeMMjBI5lEDsEaF6oYorTy6J4=