Iron Horse Wealth Management, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 22, 2024), Iron Horse Wealth Management, LLC reported 503 stock positions worth $292.5 million. Its top holding was Vanguard High DVD Yield ETF (VYM) at 10.7% of the portfolio, followed by Vanguard S&P 500 Growth ETF (VOOG, 10.2%) and Vanguard Int-Term Corporate (VCIT, 7.8%). Compared with Q2 2024, it opened 28 new positions, sold out of 6, added to 113 and reduced 36. The biggest buy was Vanguard High DVD Yield ETF (VYM, shares +5%) and the biggest sale SS SPDR BB Ig Float RT ETF (FLRN, shares −16%).

Most Recent 13F
Q2 2025
Location
JOHSTON, IA
CIK
0001836270
Portfolio Value
$292.5M (Q3 2024)
SEC Filing
0001836270-24-000005 ↗ filed Oct 22, 2024

Holdings Value

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

Holdings 503 stocks · $292.5M
VYM Vanguard High DVD Yield ETF 10.75% 245,198 $31.4M Add +5.1%
VOOG Vanguard S&P 500 Growth ETF 10.19% 86,361 $29.8M Add +3.6%
VCIT Vanguard Int-Term Corporate 7.78% 271,652 $22.8M Add +5.5%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 7.50% 194,296 $22.0M Add +3.7%
BBAG JPMorgan Betabuilders US Agg 7.48% 462,437 $21.9M Add +1.9%
SPY SS SPDR S&P 500 ETF Trust-US 6.90% 35,163 $20.2M Add +4.5%
VEA Vanguard Ftse Developed ETF 6.40% 354,721 $18.7M Add +5.8%
SPDW Ste STR SPDR PT DW Eu ETF 6.12% 476,982 $17.9M Add +6.2%
JEPI JPMorgan Equity Premium Inco 5.48% 269,263 $16.0M Add +5.6%
VB Vanguard Most SM-Cap ETF-Usd 4.73% 58,302 $13.8M Add +4.8%
VO Vngrd Mrngstr MD-Cap ETF-Usd 4.64% 51,439 $13.6M Add +4.7%
VWO Vanguard Ftse Emerging Marke 3.85% 235,525 $11.3M Add +5.0%
VOE Vngrd Mrngstr MD-Cap Val ETF 3.39% 59,144 $9.9M Add +4.2%
VBR Vngrd Mrngst SL-CP Val ETF-U 3.33% 48,581 $9.8M Add +3.8%
PFFD Global X US Preferred ETF 3.02% 425,094 $8.8M Add +5.8%
SPYV SS SPDR P S&P 500 Value ETF 0.53% 29,326 $1.6M Add +2.1%
AAPL Apple Inc. 0.38% 4,812 $1.1M Add +5.3%
BRK.B Berkshire Hathaway Inc. Class B 0.32% 2,022 $931K Add +2.3%
VOO Vanguard S&P 500 ETF 0.27% 1,499 $791K Add +26.1%
SPYG SS SPDR P S&P 500 Growth ETF 0.25% 8,658 $718K Reduce -0.9%
XYLD Global X S&P 500 Cove Call E 0.24% 17,234 $715K Add +9.3%
UNH Unitedhealth Group Inc. 0.22% 1,124 $657K Reduce -3.7%
LII Lennox International Inc. 0.22% 1,070 $647K Add +100.0%
IVV iShares Core S&P 500 ETF 0.20% 1,010 $583K Add +11.6%
WFC Wells Fargo & Co. 0.19% 9,757 $551K Add +1.3%
VUG Vanguard Mrngstar GR ETF-Sui 0.18% 1,344 $516K No change
JNJ Johnson & Johnson 0.14% 2,474 $401K Add +55.9%
IAGG iShares Intl Aggregate Bond 0.13% 7,497 $388K Add +0.8%
KO The Coca-Cola Co. 0.12% 4,736 $340K Add +0.3%
SPYD SS SPDR P S&P 500 Hi Div ETF 0.11% 7,156 $327K Reduce -0.3%
VNQ Vanguard Real Estate ETF 0.11% 3,234 $315K Reduce -3.4%
PFG Principal Financial Group 0.11% 3,599 $309K No change
MSFT Microsoft Corp. 0.10% 706 $304K Add +16.7%
LNT Alliant Energy Corp. 0.10% 4,930 $299K Add +100.0%
PG The Procter & Gamble Co. 0.10% 1,714 $297K Reduce -8.6%
XOM Exxon Mobil Corp. 0.10% 2,472 $290K Reduce -3.3%
VTV Vanguard Mrngstr Val ETF-Aui 0.10% 1,608 $281K Reduce -2.1%
DE Deere & Co. 0.09% 636 $266K Add +3.4%
SBUX Starbucks Corp. 0.09% 2,618 $255K Reduce -9.1%
JPM JPMorgan Chase & Co. 0.08% 1,155 $244K Add +208.0%
FLRN SS SPDR BB Ig Float RT ETF 0.08% 7,895 $244K Reduce -16.1%
AFL Aflac Inc. 0.08% 2,178 $244K Reduce -27.9%
APO Apollo Global Management Inc. 0.08% 1,871 $234K Reduce -5.7%
IJH iShares Core S&P Midcap ETF 0.08% 3,706 $231K Add +25.4%
VTI VG Morningstar TS MKT ETF-US 0.08% 795 $225K No change
IJR iShares Core S&P Small-Cap E 0.08% 1,920 $225K Add +24.7%
FNF Fidelity National Financial 0.08% 3,565 $221K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.07% 970 $214K No change
MA Mastercard Inc. Class A 0.07% 403 $199K No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.06% 3,327 $189K No change
AXP American Express Co. 0.06% 688 $187K Add +0.1%
SCHP Schwab U.S. Tips ETF 0.06% 3,273 $176K Reduce -23.5%
GE General Electric filed as GE AEROSPACE 0.06% 877 $165K No change
JPST JPMorgan Ultra-Short Income 0.05% 3,083 $156K Reduce -9.0%
MDYV SS SPDR S&P 400 MC Val ETF 0.05% 1,935 $154K Reduce -0.4%
OKE Oneok Inc. 0.05% 1,623 $148K Add +2.8%
HON Honeywell International Inc. 0.05% 711 $147K No change
FG F&G Annuities & Life Inc. 0.05% 3,235 $145K Add +10.7%
TSCO Tractor Supply Company 0.05% 490 $143K No change
MMM 3M Co. 0.05% 1,041 $142K Add +85.2%
CVX Chevron Corp. 0.05% 941 $139K Add +5.7%
CAG Conagra Brands Inc. 0.04% 4,000 $130K Add +100.0%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.04% 485 $130K No change
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.04% 530 $129K Add +2.9%
TSLA Tesla Inc. 0.04% 477 $125K Reduce -0.8%
PEP Pepsico Inc. 0.04% 701 $119K Add +28.6%
MCD McDonald's Corp. 0.03% 329 $100K Add +24.6%
LEVI Levi Strauss & Co. Class A 0.03% 4,500 $98K No change
SLYV SS SPDR S&P 600 SC Val ETF 0.03% 1,117 $97K Add +7.7%
MDYG SS SPDR S&P 400 MC GR ETF 0.03% 1,084 $95K Reduce -0.6%
AMGN Amgen Inc. 0.03% 289 $93K Add +0.3%
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.03% 980 $88K No change
LW Lamb Weston Holdings Inc. 0.03% 1,332 $86K Add +100.0%
WMT Walmart Inc. 0.03% 1,062 $86K Add +65.4%
LOW Lowe's Cos Inc. 0.03% 315 $85K Add +40.0%
CVS CVS Health Corp. 0.03% 1,353 $85K No change
PRU Prudential Financial Inc. 0.03% 680 $82K Add +0.3%
SPIB SS SPDR P Int C Corp. ETF 0.03% 2,427 $82K No change
SPEM State Street SP PTF Em ETF 0.03% 1,970 $81K Reduce -13.5%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.03% 1,724 $81K New
VHT Vanguard Health Care ETF 0.03% 285 $80K No change
PSK SS SPDR Ice Pref Sec ETF 0.03% 2,213 $79K Reduce -6.5%
KMI Kinder Morgan Inc. 0.03% 3,528 $78K No change
VZ Verizon Communications Inc. 0.03% 1,735 $78K Add +4.8%
COST Costco Wholesale Corp. 0.03% 87 $77K Add +20.8%
SPAB SS SPDR P Agg Bond ETF 0.03% 2,920 $76K Add +0.2%
GOOGL Alphabet Inc. Class A 0.03% 450 $75K No change
V Visa Inc. Class A 0.03% 270 $74K Add +15.9%
BAX Baxter International Inc. 0.03% 1,950 $74K Reduce -13.3%
NVDA Nvidia Corp. 0.02% 587 $71K Add +17.4%
QQQ Invesco QQQ Trust Series 1 0.02% 142 $69K No change
CRM Salesforce Inc. 0.02% 252 $69K Add +7.2%
SPTM SS SPDR P S&P 1500 Comp ETF 0.02% 950 $67K Reduce -34.8%
AMP Ameriprise Financial Inc. 0.02% 138 $65K Add +0.7%
META Meta Platforms Inc. Class A 0.02% 110 $63K Add +189.5%
USMV iShares MSCI USA Min Vol Fac 0.02% 662 $60K No change
DD Dupont DE Nemours Inc. 0.02% 678 $60K No change
T AT&T Inc. 0.02% 2,737 $60K Add +3.6%
COR Cencora Inc. 0.02% 262 $59K No change
SPSB SS SPDR P St C Corp. ETF 0.02% 1,915 $58K Reduce -2.2%

Show all 503 holdings

Other holdings (4): bonds, preferreds, convertibles and warrants · $51K (not counted above)
SecurityClassShares / PrincipalValueChange
DISH NETWORK CORP (DISH 3.375 08/15/26) NOTE 3.375% 8/1 · principal 24,000$19KNo change
CABLE ONE INC (CABO 1.125 03/15/28) NOTE 1.125% 3/1 · principal 20,000$16KNo change
MGP INGREDIENTS INC (MGPI 1.875 11/15/41) NOTE 1.875%11/1 · principal 12,000$13KNo change
SPIRIT AIRLINES INC (SAVE 1 05/15/26) NOTE 1.000% 5/1 · principal 10,000$3KNo change

Total filed on the 13F, all lines: $292.6M.

Portfolio Sells Q2 2024 → Q3 2024
FLRN SS SPDR BB Ig Float RT ETF Reduce -16.1% 0.08% −0.03
SCHP Schwab U.S. Tips ETF Reduce -23.5% 0.06% −0.02
INTC Intel Corp. Reduce -83.4% 0.00% −0.02
SPYG SS SPDR P S&P 500 Growth ETF Reduce -0.9% 0.25% −0.02
AFL Aflac Inc. Reduce -27.9% 0.08% −0.02
PG The Procter & Gamble Co. Reduce -8.6% 0.10% −0.02
SPTM SS SPDR P S&P 1500 Comp ETF Reduce -34.8% 0.02% −0.01
XOM Exxon Mobil Corp. Reduce -3.3% 0.10% −0.01
CSCO Cisco Systems Inc. Reduce -75.8% 0.00% −0.01
JPST JPMorgan Ultra-Short Income Reduce -9.0% 0.05% −0.01
STIP iShares 0-5 Year Tips Bond E Reduce -69.0% 0.00% −0.01
APO Apollo Global Management Inc. Reduce -5.7% 0.08% −0.01
BA The Boeing Co. Reduce -22.1% 0.01% −0.01
SPEM State Street SP PTF Em ETF Reduce -13.5% 0.03% −0.01
KRO Kronos Worldwide Inc. Sold out 0.00% −0.00
VTV Vanguard Mrngstr Val ETF-Aui Reduce -2.1% 0.10% −0.00
ULTA Ulta Beauty Inc. Reduce -93.3% 0.00% −0.00
PSK SS SPDR Ice Pref Sec ETF Reduce -6.5% 0.03% −0.00
KHC The Kraft Heinz Co. Reduce -85.4% 0.00% −0.00
SCHD Schwab US DVD Equity ETF Reduce -34.9% 0.01% −0.00
GSK GSK PLC-Spon ADR Reduce -20.0% 0.01% −0.00
BAX Baxter International Inc. Reduce -13.3% 0.03% −0.00
MDYG SS SPDR S&P 400 MC GR ETF Reduce -0.6% 0.03% −0.00
SPSB SS SPDR P St C Corp. ETF Reduce -2.2% 0.02% −0.00
UNH Unitedhealth Group Inc. Reduce -3.7% 0.22% −0.00
AMZN Amazon.com Inc. Reduce -2.3% 0.01% −0.00
NEE Nextera Energy Inc. Reduce -56.0% 0.00% −0.00
MO Altria Group Inc. Reduce -13.1% 0.01% −0.00
BAC Bank of America Corp. Reduce -8.5% 0.01% −0.00
MDYV SS SPDR S&P 400 MC Val ETF Reduce -0.4% 0.05% −0.00
DIREXION DAILY SEMI BEAR 3X Sold out 0.00% −0.00
BLK BlackRock Finance Inc. Sold out 0.00% −0.00
ETRN Equitrans Midstream Corp. Sold out 0.00% −0.00
PLUG Plug Power Inc. Sold out 0.00% −0.00
NKE Nike Inc. Class B Reduce -5.5% 0.01% −0.00
YOLO Advisorshares Pure Cannabis Reduce -87.5% 0.00% 0.00
PM Philip Morris International Reduce -7.2% 0.01% 0.00
THERIVA BIOLOGICS INC Sold out 0.00% 0.00
VNQ Vanguard Real Estate ETF Reduce -3.4% 0.11% +0.00
SPYD SS SPDR P S&P 500 Hi Div ETF Reduce -0.3% 0.11% +0.00
SBUX Starbucks Corp. Reduce -9.1% 0.09% +0.00
TSLA Tesla Inc. Reduce -0.8% 0.04% +0.01

Portfolio Buys Q2 2024 → Q3 2024
VYM Vanguard High DVD Yield ETF Add +5.1% 10.75% +0.18
VOE Vngrd Mrngstr MD-Cap Val ETF Add +4.2% 3.39% +0.13
LII Lennox International Inc. Add +100.0% 0.22% +0.11
SPDW Ste STR SPDR PT DW Eu ETF Add +6.2% 6.12% +0.11
VWO Vanguard Ftse Emerging Marke Add +5.0% 3.85% +0.10
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +4.7% 4.64% +0.10
VB Vanguard Most SM-Cap ETF-Usd Add +4.8% 4.73% +0.09
VEA Vanguard Ftse Developed ETF Add +5.8% 6.40% +0.08
VBR Vngrd Mrngst SL-CP Val ETF-U Add +3.8% 3.33% +0.07
LNT Alliant Energy Corp. Add +100.0% 0.10% +0.05
JPM JPMorgan Chase & Co. Add +208.0% 0.08% +0.05
JNJ Johnson & Johnson Add +55.9% 0.14% +0.05
VOO Vanguard S&P 500 ETF Add +26.1% 0.27% +0.04
IUSB Ishr CR Unvrse Usd BD ETF-Ui New 0.03% +0.03
MMM 3M Co. Add +85.2% 0.05% +0.03
CAG Conagra Brands Inc. Add +100.0% 0.04% +0.02
AAPL Apple Inc. Add +5.3% 0.38% +0.02
IBDQ iShares Ibonds Dec 2025 Term New 0.02% +0.02
META Meta Platforms Inc. Class A Add +189.5% 0.02% +0.01
IJR iShares Core S&P Small-Cap E Add +24.7% 0.08% +0.01
IJH iShares Core S&P Midcap ETF Add +25.4% 0.08% +0.01
WMT Walmart Inc. Add +65.4% 0.03% +0.01
AVGO Broadcom Inc. Add +252.5% 0.02% +0.01
BRK.B Berkshire Hathaway Inc. Class B Add +2.3% 0.32% +0.01
DFAT Dimensional US Target Value New 0.01% +0.01
GSEW Goldman Sachs Eql WGHT Large Add +200.0% 0.02% +0.01
LOW Lowe's Cos Inc. Add +40.0% 0.03% +0.01
IVV iShares Core S&P 500 ETF Add +11.6% 0.20% +0.01
ABT Abbott Laboratories Add +132.0% 0.02% +0.01
AVEM Avantis Emerging Markets Eq New 0.01% +0.01
MCD McDonald's Corp. Add +24.6% 0.03% +0.01
LW Lamb Weston Holdings Inc. Add +100.0% 0.03% +0.01
IEFA iShares Core MSCI Eafe ETF New 0.01% +0.01
BND Vanguard Total Bond Market New 0.01% +0.01
CMCSA Comcast Corp. Class A Add +220.3% 0.01% +0.01
FG F&G Annuities & Life Inc. Add +10.7% 0.05% +0.01
XLE SS Energy Select Sector New 0.01% +0.01
PEP Pepsico Inc. Add +28.6% 0.04% +0.01
APD Air Products & Chemicals Inc. Add +88.7% 0.01% +0.01
PH Parker Hannifin Corp. New 0.00% +0.00
CB Chubb Ltd. Add +247.1% 0.01% +0.00
CALF PCR US SM CP CSH CWS ETF-Usd New 0.00% +0.00
LIN Linde PLC Add +400.0% 0.00% +0.00
MPT Medical Properties Trust Inc. Add +6.3% 0.02% +0.00
GWW WW Grainger Inc. Add +76.9% 0.01% +0.00
XLU St Sr Utl SL SE SPDR ETF-Usd Add +22.5% 0.02% +0.00
SOLV Solventum Corp. Add +87.6% 0.01% +0.00
ACN Accenture PLC Class A Add +400.0% 0.00% +0.00
TROW T Rowe Price Group Inc. Add +90.9% 0.01% +0.00
ABBV Abbvie Inc. Add +62.5% 0.01% +0.00

Notes & Other Activity Q2 2024 → Q3 2024
EMB iShares JP Morgan Usd Emergi JPMORGAN USD EMG Sold out 0 $32before exit
TFLO iShares Treasury Floating Ra TRS FLT RT BD Sold out 0 $17before exit
DFAC Dimensional US Core Equity 2 US COR EQU 2 ETF Sold out 0 $0before exit
LUMO Lumos Pharma Inc. COM Sold out 0 $0before exit

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