Didn't occur to me that it might be holding the monitor stand together. It definitely isn't first party, but it seems very well made so I'm guessing a quality third party thing. The steel is a good 4-5mm thick.
I'd be curious to take it off except now you've mentioned it might be holding it together I'm a little uncertain on that haha
Otherwise it seems like my question is mostly answered based on the lack of responses - it's not a common aftermarket thing and definitely wasn't an official Apple accessory.