Iron Horse Wealth Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 1, 2025), Iron Horse Wealth Management, LLC reported 593 stock positions worth $311.5 million. Its top holding was Vanguard High DVD Yield ETF (VYM) at 10.9% of the portfolio, followed by JPMorgan Ultra-Short Income (JPST, 10.6%) and Vanguard S&P 500 Growth ETF (VOOG, 9.1%). Compared with Q4 2024, it opened 139 new positions, sold out of 52, added to 147 and reduced 77. The biggest buy was JPMorgan Ultra-Short Income (JPST, shares +16816%) and the biggest sale Vanguard Int-Term Corporate (VCIT, shares −35%).
- Most Recent 13F
- Q2 2025
- Location
- JOHSTON, IA
- CIK
- 0001836270
- Portfolio Value
- $311.5M (Q1 2025)
- SEC Filing
- 0001836270-25-000002 ↗ filed May 1, 2025
Holdings Value
Holdings 593 stocks · $311.5M
| VYM Vanguard High DVD Yield ETF | 10.88% | 262,767 | $33.9M | Add +3.5% |
| JPST JPMorgan Ultra-Short Income | 10.63% | 653,962 | $33.1M | Add +16815.7% |
| VOOG Vanguard S&P 500 Growth ETF | 9.07% | 84,434 | $28.2M | Reduce -4.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 6.61% | 36,791 | $20.6M | Add +1.8% |
| VEA Vanguard Ftse Developed ETF | 6.53% | 400,163 | $20.3M | Add +7.4% |
| SPDW Ste STR SPDR PT DW Eu ETF | 6.30% | 538,577 | $19.6M | Add +7.2% |
| JEPI JPMorgan Equity Premium Inco | 5.51% | 300,235 | $17.2M | Add +5.5% |
| BBAG JPMorgan Betabuilders US Agg | 4.99% | 336,831 | $15.5M | Reduce -29.7% |
| VCIT Vanguard Int-Term Corporate | 4.84% | 184,504 | $15.1M | Reduce -35.3% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 4.63% | 132,772 | $14.4M | Reduce -34.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 4.59% | 55,289 | $14.3M | Add +4.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 4.47% | 62,845 | $13.9M | Add +4.7% |
| VWO Vanguard Ftse Emerging Marke | 3.80% | 261,661 | $11.8M | Add +7.0% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 3.30% | 64,046 | $10.3M | Add +5.6% |
| AVUV Avantis US Small Cap Value | 2.51% | 89,755 | $7.8M | New |
| PFFD Global X US Preferred ETF | 1.83% | 300,139 | $5.7M | Reduce -32.3% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.59% | 9,839 | $1.8M | Reduce -80.3% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.46% | 28,253 | $1.4M | Add +2.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.44% | 2,556 | $1.4M | Add +26.6% |
| AAPL Apple Inc. | 0.36% | 5,043 | $1.1M | Reduce -0.3% |
| VOO Vanguard S&P 500 ETF | 0.31% | 1,866 | $959K | Add +1.1% |
| LII Lennox International Inc. | 0.29% | 1,595 | $895K | Reduce -0.6% |
| WFC Wells Fargo & Co. | 0.23% | 9,869 | $708K | Add +0.5% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.21% | 8,085 | $650K | Reduce -5.1% |
| XYLD Global X S&P 500 Cove Call E | 0.20% | 15,695 | $620K | Reduce -8.8% |
| UNH Unitedhealth Group Inc. | 0.19% | 1,131 | $592K | Reduce -0.5% |
| JNJ Johnson & Johnson | 0.18% | 3,396 | $563K | Add +3.0% |
| IVV iShares Core S&P 500 ETF | 0.18% | 1,001 | $562K | Add +1.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.16% | 1,319 | $489K | Reduce -4.3% |
| LNT Alliant Energy Corp. | 0.15% | 7,395 | $476K | No change |
| MSFT Microsoft Corp. | 0.13% | 1,057 | $397K | Reduce -17.9% |
| KO The Coca-Cola Co. | 0.12% | 5,229 | $375K | Add +11.2% |
| IAGG iShares Intl Aggregate Bond | 0.12% | 7,320 | $366K | Add +4.3% |
| PG The Procter & Gamble Co. | 0.10% | 1,874 | $319K | Add +5.0% |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 0.10% | 7,129 | $316K | Reduce -0.3% |
| JPM JPMorgan Chase & Co. | 0.10% | 1,266 | $310K | Add +8.7% |
| PFG Principal Financial Group | 0.09% | 3,469 | $293K | Reduce -1.3% |
| DE Deere & Co. | 0.09% | 616 | $289K | Reduce -3.1% |
| XOM Exxon Mobil Corp. | 0.09% | 2,378 | $283K | Add +1.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.09% | 1,573 | $272K | Reduce -2.2% |
| APO Apollo Global Management Inc. | 0.09% | 1,950 | $267K | Add +18.5% |
| SBUX Starbucks Corp. | 0.08% | 2,654 | $260K | Add +1.2% |
| VNQ Vanguard Real Estate ETF | 0.08% | 2,866 | $259K | Reduce -1.7% |
| IJH iShares Core S&P Midcap ETF | 0.08% | 4,333 | $253K | Reduce -2.8% |
| FNF Fidelity National Financial | 0.08% | 3,820 | $249K | Reduce -1.4% |
| IJR iShares Core S&P Small-Cap E | 0.08% | 2,358 | $247K | Add +2.5% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.08% | 3,327 | $237K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.08% | 942 | $234K | Add +0.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.07% | 845 | $232K | No change |
| MA Mastercard Inc. Class A | 0.07% | 418 | $229K | Add +3.5% |
| MMM 3M Co. | 0.07% | 1,520 | $223K | No change |
| FLRN SS SPDR BB Ig Float RT ETF | 0.07% | 7,148 | $220K | Reduce -8.9% |
| AFL Aflac Inc. | 0.06% | 1,743 | $194K | Reduce -23.8% |
| AXP American Express Co. | 0.06% | 637 | $171K | Reduce -5.4% |
| CVX Chevron Corp. | 0.05% | 1,011 | $169K | Add +14.0% |
| FG F&G Annuities & Life Inc. | 0.05% | 4,679 | $169K | Add +9.4% |
| CAG Conagra Brands Inc. | 0.05% | 6,178 | $165K | Add +3.0% |
| OKE Oneok Inc. | 0.05% | 1,655 | $164K | Add +2.0% |
| ABT Abbott Laboratories | 0.05% | 1,195 | $159K | Add +5.9% |
| MCD McDonald's Corp. | 0.05% | 497 | $155K | Add +26.1% |
| GE General Electric filed as GE AEROSPACE | 0.05% | 760 | $152K | Reduce -2.3% |
| HON Honeywell International Inc. | 0.05% | 704 | $149K | Add +0.3% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.05% | 1,886 | $145K | Reduce -0.9% |
| TSCO Tractor Supply Company | 0.05% | 2,573 | $142K | Add +7.0% |
| SCHP Schwab U.S. Tips ETF | 0.04% | 5,000 | $134K | Reduce -23.4% |
| WMT Walmart Inc. | 0.04% | 1,517 | $133K | Add +2.4% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.04% | 512 | $125K | Add +0.4% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.04% | 485 | $122K | No change |
| SCHD Schwab US DVD Equity ETF | 0.04% | 4,157 | $116K | Add +538.6% |
| KMI Kinder Morgan Inc. | 0.04% | 4,031 | $115K | Add +14.3% |
| CRM Salesforce Inc. | 0.04% | 422 | $113K | Add +67.5% |
| MDYG SS SPDR S&P 400 MC GR ETF | 0.04% | 1,380 | $110K | Add +22.1% |
| LW Lamb Weston Holdings Inc. | 0.03% | 1,998 | $106K | No change |
| V Visa Inc. Class A | 0.03% | 287 | $101K | Add +6.3% |
| GOOGL Alphabet Inc. Class A | 0.03% | 646 | $100K | Reduce -42.6% |
| META Meta Platforms Inc. Class A | 0.03% | 173 | $100K | Add +44.2% |
| TSLA Tesla Inc. | 0.03% | 380 | $98K | Reduce -21.6% |
| LOW Lowe's Cos Inc. | 0.03% | 417 | $97K | Add +3.0% |
| T AT&T Inc. | 0.03% | 3,405 | $96K | Add +24.8% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.03% | 980 | $94K | No change |
| PEP Pepsico Inc. | 0.03% | 622 | $93K | Reduce -21.8% |
| SPAB SS SPDR P Agg Bond ETF | 0.03% | 3,649 | $93K | Add +24.3% |
| TT Trane Technologies PLC | 0.03% | 266 | $90K | New |
| MRK Merck & Co. Inc. | 0.03% | 982 | $88K | Add +96.0% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.03% | 1,117 | $88K | No change |
| VZ Verizon Communications Inc. | 0.03% | 1,911 | $87K | Add +0.3% |
| SPIB SS SPDR P Int C Corp. ETF | 0.03% | 2,511 | $83K | Add +3.6% |
| AMZN Amazon.com Inc. | 0.03% | 436 | $83K | Add +52.5% |
| HCA HCA Healthcare Inc. | 0.03% | 233 | $81K | New |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.03% | 1,724 | $79K | No change |
| NVDA Nvidia Corp. | 0.03% | 726 | $79K | Reduce -79.3% |
| FLTR Vaneck Ig Floating Rate ETF | 0.02% | 3,000 | $77K | Add +500.0% |
| PRU Prudential Financial Inc. | 0.02% | 685 | $77K | Add +0.4% |
| VHT Vanguard Health Care ETF | 0.02% | 281 | $74K | Add +1.4% |
| COST Costco Wholesale Corp. | 0.02% | 78 | $74K | Reduce -10.3% |
| JPIE JPMorgan Income ETF | 0.02% | 1,600 | $74K | Add +60.0% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.02% | 884 | $73K | Add +40.1% |
| MPC Marathon Petroleum Corp. | 0.02% | 500 | $73K | New |
| SPEM State Street SP PTF Em ETF | 0.02% | 1,838 | $72K | Reduce -5.3% |
| BAX Baxter International Inc. | 0.02% | 2,107 | $72K | Add +8.1% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $38K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| CABLE ONE INC (CABO 1.125 03/15/28) | NOTE 1.125% 3/1 · principal | 20,000 | $16K | No change |
| MGP INGREDIENTS INC (MGPI 1.875 11/15/41) | NOTE 1.875%11/1 · principal | 12,000 | $11K | No change |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | 9,616 | $11K | No change |
Total filed on the 13F, all lines: $311.5M.
Portfolio Sells Q4 2024 → Q1 2025
| VCIT Vanguard Int-Term Corporate | Reduce -35.3% | 4.84% | −2.84 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -80.3% | 0.59% | −2.73 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -34.5% | 4.63% | −2.64 |
| BBAG JPMorgan Betabuilders US Agg | Reduce -29.7% | 4.99% | −2.28 |
| VOOG Vanguard S&P 500 Growth ETF | Reduce -4.4% | 9.07% | −1.78 |
| PFFD Global X US Preferred ETF | Reduce -32.3% | 1.83% | −1.07 |
| NVDA Nvidia Corp. | Reduce -79.3% | 0.03% | −0.13 |
| AAPL Apple Inc. | Reduce -0.3% | 0.36% | −0.07 |
| MSFT Microsoft Corp. | Reduce -17.9% | 0.13% | −0.05 |
| XYLD Global X S&P 500 Cove Call E | Reduce -8.8% | 0.20% | −0.04 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -5.1% | 0.21% | −0.04 |
| LII Lennox International Inc. | Reduce -0.6% | 0.29% | −0.04 |
| GOOGL Alphabet Inc. Class A | Reduce -42.6% | 0.03% | −0.04 |
| TSLA Tesla Inc. | Reduce -21.6% | 0.03% | −0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -4.3% | 0.16% | −0.03 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -41.3% | 0.02% | −0.02 |
| SAP Sap SE-Sponsored ADR | Sold out | 0.00% | −0.02 |
| AFL Aflac Inc. | Reduce -23.8% | 0.06% | −0.02 |
| FELG Fidelity Enh LRG Cap GWTH | Sold out | 0.00% | −0.02 |
| XLP SS Consumer Staples Sel Sect | Sold out | 0.00% | −0.02 |
| SCHP Schwab U.S. Tips ETF | Reduce -23.4% | 0.04% | −0.01 |
| AMD Advanced Micro Devices | Reduce -76.1% | 0.00% | −0.01 |
| GEV GE Vernova Inc. | Reduce -62.4% | 0.01% | −0.01 |
| IJH iShares Core S&P Midcap ETF | Reduce -2.8% | 0.08% | −0.01 |
| GSK GSK PLC-Spon ADR | Sold out | 0.00% | −0.01 |
| AXP American Express Co. | Reduce -5.4% | 0.06% | −0.01 |
| CHKP Check Point Software Tech | Reduce -78.8% | 0.00% | −0.01 |
| AMGN Amgen Inc. | Reduce -50.7% | 0.01% | −0.01 |
| DFAT Dimensional US Target Value | Sold out | 0.00% | −0.01 |
| PEP Pepsico Inc. | Reduce -21.8% | 0.03% | −0.01 |
| FLRN SS SPDR BB Ig Float RT ETF | Reduce -8.9% | 0.07% | −0.01 |
| LMT Lockheed Martin Corp. | Reduce -36.0% | 0.01% | −0.01 |
| RTX RTX Corp. | Reduce -67.8% | 0.01% | −0.01 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -28.3% | 0.01% | −0.01 |
| JHML John Hancock Multi Fact LRG | Sold out | 0.00% | −0.01 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.01 |
| VDE Vanguard Energy ETF | Sold out | 0.00% | −0.01 |
| GME Gamestop Corp. Class A | Sold out | 0.00% | −0.01 |
| TROW T Rowe Price Group Inc. | Reduce -32.3% | 0.01% | −0.01 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -70.6% | 0.00% | −0.01 |
| MDYV SS SPDR S&P 400 MC Val ETF | Reduce -0.9% | 0.05% | −0.00 |
| TDS Telephone and Data Systems | Reduce -43.0% | 0.01% | −0.00 |
| STIP iShares 0-5 Year Tips Bond E | Sold out | 0.00% | −0.00 |
| BG Bunge Global SA | Sold out | 0.00% | −0.00 |
| XLE SS Energy Select Sector | Reduce -65.6% | 0.00% | −0.00 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -2.2% | 0.09% | −0.00 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -11.0% | 0.02% | −0.00 |
| VNQ Vanguard Real Estate ETF | Reduce -1.7% | 0.08% | −0.00 |
| VPL Vanguard Ftse Pacific ETF | Sold out | 0.00% | −0.00 |
| QCRH QCR Holdings Inc. | Sold out | 0.00% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| JPST JPMorgan Ultra-Short Income | Add +16815.7% | 10.63% | +10.56 |
| AVUV Avantis US Small Cap Value | New | 2.51% | +2.51 |
| VEA Vanguard Ftse Developed ETF | Add +7.4% | 6.53% | +0.55 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +7.2% | 6.30% | +0.54 |
| VWO Vanguard Ftse Emerging Marke | Add +7.0% | 3.80% | +0.19 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +26.6% | 0.44% | +0.13 |
| SCHD Schwab US DVD Equity ETF | Add +538.6% | 0.04% | +0.03 |
| TT Trane Technologies PLC | New | 0.03% | +0.03 |
| HCA HCA Healthcare Inc. | New | 0.03% | +0.03 |
| MPC Marathon Petroleum Corp. | New | 0.02% | +0.02 |
| KO The Coca-Cola Co. | Add +11.2% | 0.12% | +0.02 |
| JNJ Johnson & Johnson | Add +3.0% | 0.18% | +0.02 |
| FLTR Vaneck Ig Floating Rate ETF | Add +500.0% | 0.02% | +0.02 |
| FBND Fidelity Total Bond ETF | New | 0.02% | +0.02 |
| FQAL Fidelity Quality Factor ETF | New | 0.02% | +0.02 |
| DHR Danaher Corp. | New | 0.02% | +0.02 |
| SVOL Simplify Volatility Premium | Add +1250.0% | 0.02% | +0.01 |
| VLO Valero Energy Corp. | New | 0.01% | +0.01 |
| JEPI JPMorgan Equity Premium Inco | Add +5.5% | 5.51% | +0.01 |
| HPQ HP Inc. | New | 0.01% | +0.01 |
| MRK Merck & Co. Inc. | Add +96.0% | 0.03% | +0.01 |
| MCD McDonald's Corp. | Add +26.1% | 0.05% | +0.01 |
| CVX Chevron Corp. | Add +14.0% | 0.05% | +0.01 |
| FDVV Fidelity High Dividend ETF | New | 0.01% | +0.01 |
| NOBL Proshares S&P 500 Dividend A | New | 0.01% | +0.01 |
| T AT&T Inc. | Add +24.8% | 0.03% | +0.01 |
| WMB Williams Cos Inc. | Add +4490.9% | 0.01% | +0.01 |
| ONEQ Fidelity Nasdaq Comp Indx | New | 0.01% | +0.01 |
| LLY Eli Lilly & Co. | Add +100.0% | 0.02% | +0.01 |
| AVUS Avantis U.S. Equity ETF | New | 0.01% | +0.01 |
| CCI Crown Castle Inc. | New | 0.01% | +0.01 |
| META Meta Platforms Inc. Class A | Add +44.2% | 0.03% | +0.01 |
| IYE iShares U.S. Energy ETF | New | 0.01% | +0.01 |
| JPIE JPMorgan Income ETF | Add +60.0% | 0.02% | +0.01 |
| ABBV Abbvie Inc. | Add +64.2% | 0.02% | +0.01 |
| ABT Abbott Laboratories | Add +5.9% | 0.05% | +0.01 |
| CRM Salesforce Inc. | Add +67.5% | 0.04% | +0.01 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +5.6% | 3.30% | +0.01 |
| IEI iShares 3-7 Year Treasury Bo | New | 0.01% | +0.01 |
| BUCK Simplify Treasury Option Inc. | New | 0.01% | +0.01 |
| AMLP Alerian MLP ETF | Add +790.4% | 0.01% | +0.01 |
| FCOR Fidelity Corporate Bond ETF | New | 0.01% | +0.01 |
| ORCL Oracle Corp. | Add +284.9% | 0.01% | +0.01 |
| XOM Exxon Mobil Corp. | Add +1.4% | 0.09% | +0.01 |
| IYW iShares Ustechnology ETF | New | 0.01% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +8.7% | 0.10% | +0.01 |
| IBM Intl Business Machines Corp. | Add +0.2% | 0.08% | +0.01 |
| IR Ingersoll-Rand Inc. | New | 0.01% | +0.01 |
| JAAA Janus Henderson Aaa Clo ETF | New | 0.01% | +0.01 |
| AMZN Amazon.com Inc. | Add +52.5% | 0.03% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2025 | 588 | $339.0M | VYM, JPST, VOOG, VEA, SPY |
| Q1 2025 | 593 | $311.5M | VYM, JPST, VOOG, SPY, VEA |
| Q4 2024 | 507 | $298.0M | VYM, VOOG, VCIT, LQD, BBAG |
| Q3 2024 | 503 | $292.5M | VYM, VOOG, VCIT, LQD, BBAG |
| Q2 2024 | 481 | $261.8M | VOOG, VYM, BBAG, VCIT, LQD |
| Q1 2024 | 450 | $252.7M | VYM, VOOG, BBAG, VCIT, LQD |