Iron Horse Wealth Management, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 22, 2024), Iron Horse Wealth Management, LLC reported 481 stock positions worth $261.8 million. Its top holding was Vanguard S&P 500 Growth ETF (VOOG) at 10.6% of the portfolio, followed by Vanguard High DVD Yield ETF (VYM, 10.6%) and JPMorgan Betabuilders US Agg (BBAG, 7.9%). Compared with Q1 2024, it opened 40 new positions, sold out of 9, added to 64 and reduced 31. The biggest buy was Vanguard S&P 500 Growth ETF (VOOG, shares +1%) and the biggest sale SS SPDR P S&P 500 Value ETF (SPYV, shares −2%).

Most Recent 13F
Q2 2025
Location
JOHSTON, IA
CIK
0001836270
Portfolio Value
$261.8M (Q2 2024)
SEC Filing
0001836270-24-000003 ↗ filed Jul 22, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $252.7M Q1 2024 Q2 2024: $261.8M $261.8M Q2 2024 Q3 2024: $292.5M Q3 2024 Q4 2024: $298.0M Q4 2024 Q1 2025: $311.5M Q1 2025 Q2 2025: $339.0M Q2 2025

Holdings 481 stocks · $261.8M
VOOG Vanguard S&P 500 Growth ETF 10.62% 83,379 $27.8M Add +1.5%
VYM Vanguard High DVD Yield ETF 10.57% 233,272 $27.7M Add +2.6%
BBAG JPMorgan Betabuilders US Agg 7.87% 453,899 $20.6M Add +3.0%
VCIT Vanguard Int-Term Corporate 7.86% 257,571 $20.6M Add +3.2%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 7.67% 187,372 $20.1M Add +3.5%
SPY SS SPDR S&P 500 ETF Trust-US 7.00% 33,664 $18.3M Add +3.1%
VEA Vanguard Ftse Developed ETF 6.33% 335,111 $16.6M Add +3.9%
SPDW Ste STR SPDR PT DW Eu ETF 6.02% 449,056 $15.8M Add +2.8%
JEPI JPMorgan Equity Premium Inco 5.52% 255,053 $14.5M Add +3.7%
VB Vanguard Most SM-Cap ETF-Usd 4.63% 55,652 $12.1M Add +3.1%
VO Vngrd Mrngstr MD-Cap ETF-Usd 4.54% 49,130 $11.9M Add +3.0%
VWO Vanguard Ftse Emerging Marke 3.75% 224,250 $9.8M Add +2.8%
VBR Vngrd Mrngst SL-CP Val ETF-U 3.26% 46,824 $8.5M Add +2.8%
VOE Vngrd Mrngstr MD-Cap Val ETF 3.26% 56,769 $8.5M Add +2.8%
PFFD Global X US Preferred ETF 3.02% 401,687 $7.9M Add +4.4%
SPYV SS SPDR P S&P 500 Value ETF 0.53% 28,721 $1.4M Reduce -2.3%
AAPL Apple Inc. 0.37% 4,571 $963K Add +16.5%
BRK.B Berkshire Hathaway Inc. Class B 0.31% 1,976 $804K Add +37.1%
SPYG SS SPDR P S&P 500 Growth ETF 0.27% 8,737 $700K Reduce -0.7%
XYLD Global X S&P 500 Cove Call E 0.24% 15,764 $637K Reduce -4.9%
VOO Vanguard S&P 500 ETF 0.23% 1,189 $595K Reduce -1.3%
UNH Unitedhealth Group Inc. 0.23% 1,167 $594K No change
WFC Wells Fargo & Co. 0.22% 9,631 $572K Reduce -1.5%
VUG Vanguard Mrngstar GR ETF-Sui 0.19% 1,344 $503K No change
IVV iShares Core S&P 500 ETF 0.19% 905 $495K No change
IAGG iShares Intl Aggregate Bond 0.14% 7,436 $371K Add +10.2%
PG The Procter & Gamble Co. 0.12% 1,876 $309K Add +28.5%
KO The Coca-Cola Co. 0.11% 4,721 $300K No change
XOM Exxon Mobil Corp. 0.11% 2,557 $294K Reduce -2.3%
FLRN SS SPDR BB Ig Float RT ETF 0.11% 9,407 $290K Reduce -1.7%
SPYD SS SPDR P S&P 500 Hi Div ETF 0.11% 7,176 $289K No change
LII Lennox International Inc. 0.11% 535 $286K No change
PFG Principal Financial Group 0.11% 3,599 $282K No change
VNQ Vanguard Real Estate ETF 0.11% 3,349 $280K Reduce -2.6%
MSFT Microsoft Corp. 0.10% 605 $271K Add +98.4%
AFL Aflac Inc. 0.10% 3,020 $270K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.10% 1,643 $264K Reduce -4.1%
APO Apollo Global Management Inc. 0.09% 1,984 $234K Reduce -15.7%
JNJ Johnson & Johnson 0.09% 1,587 $232K Add +11.8%
DE Deere & Co. 0.09% 615 $230K Reduce -0.5%
SBUX Starbucks Corp. 0.09% 2,880 $224K Add +44.6%
SCHP Schwab U.S. Tips ETF 0.08% 4,276 $222K Reduce -5.2%
VTI VG Morningstar TS MKT ETF-US 0.08% 795 $213K Add +71.0%
MA Mastercard Inc. Class A 0.07% 403 $178K New
FNF Fidelity National Financial 0.07% 3,565 $176K Reduce -5.3%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.07% 2,218 $174K No change
IJH iShares Core S&P Midcap ETF 0.07% 2,956 $173K Add +10.5%
JPST JPMorgan Ultra-Short Income 0.07% 3,388 $171K Reduce -3.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.06% 970 $168K Add +44.8%
IJR iShares Core S&P Small-Cap E 0.06% 1,540 $164K No change
AXP American Express Co. 0.06% 687 $159K Add +587.0%
HON Honeywell International Inc. 0.06% 711 $152K Add +149.5%
MDYV SS SPDR S&P 400 MC Val ETF 0.05% 1,943 $142K No change
GE General Electric filed as GE AEROSPACE 0.05% 877 $139K Add +6.6%
CVX Chevron Corp. 0.05% 890 $139K No change
TSCO Tractor Supply Company 0.05% 490 $132K No change
OKE Oneok Inc. 0.05% 1,579 $129K New
LNT Alliant Energy Corp. 0.05% 2,465 $125K No change
VBK Van Morst SML-Cap Gro-Usd Inc. 0.05% 485 $121K Add +9.0%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.05% 515 $118K No change
FG F&G Annuities & Life Inc. 0.04% 2,923 $111K Add +723.4%
SPTM SS SPDR P S&P 1500 Comp ETF 0.04% 1,456 $97K Reduce -1.5%
TSLA Tesla Inc. 0.04% 481 $95K No change
MDYG SS SPDR S&P 400 MC GR ETF 0.04% 1,091 $92K No change
AMGN Amgen Inc. 0.03% 288 $90K Add +585.7%
PEP Pepsico Inc. 0.03% 545 $90K Add +309.8%
LEVI Levi Strauss & Co. Class A 0.03% 4,500 $87K No change
SPEM State Street SP PTF Em ETF 0.03% 2,277 $86K Reduce -3.1%
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.03% 980 $82K No change
GOOGL Alphabet Inc. Class A 0.03% 450 $82K Add +144.6%
SLYV SS SPDR S&P 600 SC Val ETF 0.03% 1,037 $81K No change
PSK SS SPDR Ice Pref Sec ETF 0.03% 2,368 $80K No change
CVS CVS Health Corp. 0.03% 1,353 $80K No change
PRU Prudential Financial Inc. 0.03% 678 $79K Add +2507.7%
SPIB SS SPDR P Int C Corp. ETF 0.03% 2,427 $79K Reduce -2.2%
JPM JPMorgan Chase & Co. 0.03% 375 $76K No change
VHT Vanguard Health Care ETF 0.03% 285 $76K No change
BAX Baxter International Inc. 0.03% 2,250 $75K No change
SPAB SS SPDR P Agg Bond ETF 0.03% 2,914 $73K Add +0.3%
KMI Kinder Morgan Inc. 0.03% 3,528 $70K No change
INTC Intel Corp. 0.03% 2,206 $68K No change
VZ Verizon Communications Inc. 0.03% 1,655 $68K No change
QQQ Invesco QQQ Trust Series 1 0.03% 142 $68K No change
MCD McDonald's Corp. 0.03% 264 $67K Reduce -1.9%
NVDA Nvidia Corp. 0.02% 500 $62K No change
COST Costco Wholesale Corp. 0.02% 72 $61K No change
V Visa Inc. Class A 0.02% 233 $61K New
CRM Salesforce Inc. 0.02% 235 $60K New
COR Cencora Inc. 0.02% 262 $59K No change
AMP Ameriprise Financial Inc. 0.02% 137 $59K New
SPSB SS SPDR P St C Corp. ETF 0.02% 1,958 $58K Reduce -8.3%
MMM 3M Co. 0.02% 562 $57K Reduce -8.0%
CAG Conagra Brands Inc. 0.02% 2,000 $57K No change
LW Lamb Weston Holdings Inc. 0.02% 666 $56K No change
USMV iShares MSCI USA Min Vol Fac 0.02% 662 $56K Add +101.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.02% 557 $55K Add +148.7%
DD Dupont DE Nemours Inc. 0.02% 678 $55K No change
BA The Boeing Co. 0.02% 298 $54K Add +17.3%
VGSH Vanguard Short-Term Treasury 0.02% 900 $52K New
MRK Merck & Co. Inc. 0.02% 421 $52K No change

Show all 481 holdings

Other holdings (4): bonds, preferreds, convertibles and warrants · $47K (not counted above)
SecurityClassShares / PrincipalValueChange
DISH NETWORK CORP (DISH 3.375 08/15/26) NOTE 3.375% 8/1 · principal 24,000$15KNo change
CABLE ONE INC (CABO 1.125 03/15/28) NOTE 1.125% 3/1 · principal 20,000$15KNo change
MGP INGREDIENTS INC (MGPI 1.875 11/15/41) NOTE 1.875%11/1 · principal 12,000$12KNo change
SPIRIT AIRLINES INC (SAVE 1 05/15/26) NOTE 1.000% 5/1 · principal 10,000$5KNo change
Lines left out (2) · $49 — a value with no share or principal amount
SecurityClassSharesValue
EMB iShares JP Morgan Usd Emergi JPMORGAN USD EMG0$32
TFLO iShares Treasury Floating Ra TRS FLT RT BD0$17

Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.

Total filed on the 13F, all lines: $261.8M.

Portfolio Sells Q1 2024 → Q2 2024
SPYV SS SPDR P S&P 500 Value ETF Reduce -2.3% 0.53% −0.05
XYLD Global X S&P 500 Cove Call E Reduce -4.9% 0.24% −0.02
APO Apollo Global Management Inc. Reduce -15.7% 0.09% −0.02
DE Deere & Co. Reduce -0.5% 0.09% −0.01
FNF Fidelity National Financial Reduce -5.3% 0.07% −0.01
VNQ Vanguard Real Estate ETF Reduce -2.6% 0.11% −0.01
VTV Vanguard Mrngstr Val ETF-Aui Reduce -4.1% 0.10% −0.01
SCHP Schwab U.S. Tips ETF Reduce -5.2% 0.08% −0.01
XOM Exxon Mobil Corp. Reduce -2.3% 0.11% −0.01
TGT Target Corp. Reduce -18.3% 0.01% −0.01
FLRN SS SPDR BB Ig Float RT ETF Reduce -1.7% 0.11% −0.01
WFC Wells Fargo & Co. Reduce -1.5% 0.22% −0.01
JPST JPMorgan Ultra-Short Income Reduce -3.5% 0.07% −0.00
MCD McDonald's Corp. Reduce -1.9% 0.03% −0.00
VCSH Vanguard S/T Corp. Bond ETF Reduce -29.4% 0.01% −0.00
GPIQ GS Nasdaq-100 PR Inc. ETF-Usd Sold out 0.00% −0.00
MMM 3M Co. Reduce -8.0% 0.02% −0.00
CTVA Corteva Inc. Reduce -9.7% 0.02% −0.00
NMFC New Mountain Finance Corp. Sold out 0.00% −0.00
SPSB SS SPDR P St C Corp. ETF Reduce -8.3% 0.02% −0.00
VOO Vanguard S&P 500 ETF Reduce -1.3% 0.23% −0.00
GPIX GLDM SA S&P 500 PR in ETF-US Sold out 0.00% −0.00
SPIB SS SPDR P Int C Corp. ETF Reduce -2.2% 0.03% −0.00
F Ford Motor Co. Reduce -19.1% 0.00% −0.00
TLTW iShares 20+ Bond Buywrite Sold out 0.00% −0.00
NET Cloudflare Inc. Class A Sold out 0.00% −0.00
FEI First Trust MLP and Energy I Sold out 0.00% −0.00
PXD Pioneer Natural Resources Co. Sold out 0.00% −0.00
SPEM State Street SP PTF Em ETF Reduce -3.1% 0.03% −0.00
GEV GE Vernova Inc. Reduce -1.8% 0.01% −0.00
SPTM SS SPDR P S&P 1500 Comp ETF Reduce -1.5% 0.04% −0.00
GILD Gilead Sciences Inc. Reduce -9.9% 0.00% −0.00
SOLV Solventum Corp. Reduce -10.3% 0.00% −0.00
PLUG Plug Power Inc. Reduce -0.5% 0.00% −0.00
LCID Lucid Group Inc. Reduce -25.5% 0.00% 0.00
SNAP Snap Inc. Class A Sold out 0.00% 0.00
SOFI Sofi Technologies Inc. Sold out 0.00% 0.00
ZIM Zim Integrated Shipping Serv Reduce -37.7% 0.00% +0.00
USD Proshares Ultra Semiconduct Reduce -6.2% 0.01% +0.00
SPYG SS SPDR P S&P 500 Growth ETF Reduce -0.7% 0.27% +0.01

Portfolio Buys Q1 2024 → Q2 2024
VOOG Vanguard S&P 500 Growth ETF Add +1.5% 10.62% +0.71
SPY SS SPDR S&P 500 ETF Trust-US Add +3.1% 7.00% +0.24
VWO Vanguard Ftse Emerging Marke Add +2.8% 3.75% +0.14
AAPL Apple Inc. Add +16.5% 0.37% +0.10
MA Mastercard Inc. Class A New 0.07% +0.07
BRK.B Berkshire Hathaway Inc. Class B Add +37.1% 0.31% +0.07
MSFT Microsoft Corp. Add +98.4% 0.10% +0.05
AXP American Express Co. Add +587.0% 0.06% +0.05
OKE Oneok Inc. New 0.05% +0.05
FG F&G Annuities & Life Inc. Add +723.4% 0.04% +0.04
HON Honeywell International Inc. Add +149.5% 0.06% +0.03
VTI VG Morningstar TS MKT ETF-US Add +71.0% 0.08% +0.03
AMGN Amgen Inc. Add +585.7% 0.03% +0.03
PRU Prudential Financial Inc. Add +2507.7% 0.03% +0.03
PEP Pepsico Inc. Add +309.8% 0.03% +0.03
PG The Procter & Gamble Co. Add +28.5% 0.12% +0.02
V Visa Inc. Class A New 0.02% +0.02
CRM Salesforce Inc. New 0.02% +0.02
AMP Ameriprise Financial Inc. New 0.02% +0.02
GOOGL Alphabet Inc. Class A Add +144.6% 0.03% +0.02
VGSH Vanguard Short-Term Treasury New 0.02% +0.02
GOOG Alphabet Inc. Class C New 0.02% +0.02
FNDX Schwab Fndmntl US LRG Co. ETF New 0.02% +0.02
NZF Nuveen Municipal Credit Inc. New 0.02% +0.02
YUM Yum! Brands Inc. Add +3088.9% 0.01% +0.01
CSCO Cisco Systems Inc. Add +617.7% 0.02% +0.01
MRSH Marsh & McLennan Cos Add +712.5% 0.02% +0.01
SBUX Starbucks Corp. Add +44.6% 0.09% +0.01
IBM Intl Business Machines Corp. Add +44.8% 0.06% +0.01
SCHX Schwab US Large-Cap ETF New 0.01% +0.01
FNDE Schwab Fndmntl Em MRK Eq ETF New 0.01% +0.01
FNDA Schwab Fndmntl US SM Co. ETF New 0.01% +0.01
XLU St Sr Utl SL SE SPDR ETF-Usd Add +888.9% 0.01% +0.01
DIS The Walt Disney Co. Add +148.7% 0.02% +0.01
USMV iShares MSCI USA Min Vol Fac Add +101.2% 0.02% +0.01
FNDF Schwab Fndmn Intl LRG Co. ETF New 0.01% +0.01
SCHD Schwab US DVD Equity ETF New 0.01% +0.01
ETR Entergy Corp. New 0.01% +0.01
T AT&T Inc. Add +72.3% 0.02% +0.01
PM Philip Morris International Add +684.4% 0.01% +0.01
IAGG iShares Intl Aggregate Bond Add +10.2% 0.14% +0.01
JHML John Hancock Multi Fact LRG New 0.01% +0.01
SCHI Schwab 5-10 Year Corporate B New 0.01% +0.01
BAC Bank of America Corp. Add +510.2% 0.01% +0.01
MPT Medical Properties Trust Inc. Add +166.7% 0.01% +0.01
SCHE Schwab Emrg Mrkts Eqty ETF New 0.01% +0.01
VMBS Vanguard Mortgage-Backed Sec New 0.01% +0.01
FNDC Schwab Fndmnt Intl SM Eq ETF New 0.01% +0.01
SCHC Schwab Intl Small-Cap Equity New 0.00% +0.00
ULTA Ulta Beauty Inc. New 0.00% +0.00

Notes & Other Activity Q1 2024 → Q2 2024
PIONEER NATURAL RESOURCE (PXD 0.25 05/15/25) NOTE 0.250% 5/1 · principal Sold out 11,000 $31Kbefore exit
NRG ENERGY INC (NRG 2.75 06/01/48) DBCV 2.750% 6/0 · principal Sold out 16,000 $26Kbefore exit
PALO ALTO NETWORKS (PANW 0.375 06/01/25) NOTE 0.375% 6/0 · principal Sold out 9,000 $26Kbefore exit
PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) NOTE 1.750%12/0 · principal Sold out 19,000 $25Kbefore exit
DEXCOM INC (DXCM 0.25 11/15/25) NOTE 0.250%11/1 · principal Sold out 16,000 $18Kbefore exit
MICROCHIP TECHNOLOGY INC (MCHP 0.125 11/15/24) NOTE 0.125%11/1 · principal Sold out 16,000 $17Kbefore exit
CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) NOTE 0.375% 6/1 · principal Sold out 19,000 $17Kbefore exit
ZILLOW GROUP INC (Z 2.75 05/15/25) NOTE 2.750% 5/1 · principal Sold out 16,000 $17Kbefore exit
NUVASIVE INC (GMED 0.375 03/15/25) NOTE 0.375% 3/1 · principal Sold out 16,000 $15Kbefore exit
PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) NOTE 1.750%12/1 · principal Sold out 17,000 $15Kbefore exit
TELADOC HEALTH INC (TDOC 1.25 06/01/27) NOTE 1.250% 6/0 · principal Sold out 17,000 $14Kbefore exit
SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) NOTE 1.250% 5/0 · principal Sold out 12,000 $12Kbefore exit
AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) NOTE 0.125% 5/0 · principal Sold out 9,000 $11Kbefore exit
BLOCK INC (XYZ 0.125 03/01/25) NOTE 0.125% 3/0 · principal Sold out 8,000 $8Kbefore exit
EVERBRIDGE INC (EVBG 0.125 12/15/24) NOTE 0.125%12/1 · principal Sold out 6,000 $6Kbefore exit
EMB iShares JP Morgan Usd Emergi JPMORGAN USD EMG Reduce -100.0% 0 $32
TFLO iShares Treasury Floating Ra TRS FLT RT BD Reduce -100.0% 0 $17

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2025 588$339.0MVYM, JPST, VOOG, VEA, SPY
Q1 2025 593$311.5MVYM, JPST, VOOG, SPY, VEA
Q4 2024 507$298.0MVYM, VOOG, VCIT, LQD, BBAG
Q3 2024 503$292.5MVYM, VOOG, VCIT, LQD, BBAG
Q2 2024 481$261.8MVOOG, VYM, BBAG, VCIT, LQD
Q1 2024 450$252.7MVYM, VOOG, BBAG, VCIT, LQD