Iowa State Bank

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 23, 2024), Iowa State Bank reported 105 stock positions worth $452.5 million. Its top holding was iShares Core MSCI Eafe ETF (IEFA) at 4.9% of the portfolio, followed by iShares Core S&P Midcap ETF (IJH, 4.4%) and Microsoft (MSFT, 4.2%). Compared with Q1 2024, it opened 4 new positions, sold out of 5, added to 53 and reduced 35. The biggest buy was Apple (AAPL, shares +2%) and the biggest sale CVS Health (CVS, shares −70%).

Most Recent 13F
Q2 2026
Location
URBANDALE, IA
CIK
0001546967
Portfolio Value
$452.5M (Q2 2024)
SEC Filing
0001546967-24-000003 ↗ filed Jul 23, 2024

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $451.9M Q1 2024 Q2 2024: $452.5M $452.5M Q2 2024 Q3 2024: $486.4M Q3 2024 Q4 2024: $480.6M Q4 2024 Q1 2025: $471.0M Q1 2025 Q2 2025: $502.1M Q2 2025 Q3 2025: $525.3M Q3 2025 Q4 2025: $533.3M Q4 2025 Q1 2026: $543.4M Q1 2026 Q2 2026: $598.4M Q2 2026

Holdings 105 stocks · $452.5M
IEFA iShares Core MSCI Eafe ETF 4.94% 307,831 $22.4M Add +4.1%
IJH iShares Core S&P Midcap ETF 4.37% 337,846 $19.8M Add +1.3%
MSFT Microsoft Corp. 4.20% 42,508 $19.0M Reduce -0.7%
AAPL Apple Inc. 3.87% 83,106 $17.5M Add +1.8%
JPM JPMorgan Chase & Co. 3.44% 76,860 $15.5M Add +1.0%
PGX Invesco Preferred ETF 3.36% 1,314,877 $15.2M Add +3.6%
IJR iShares Core S&P Small-Cap E 2.55% 108,128 $11.5M Add +3.9%
UPS United Parcel Service Class B 2.43% 80,329 $11.0M Add +0.2%
IEMG iShares Core MSCI Emerging 2.24% 188,998 $10.1M Add +4.2%
AMZN Amazon.com Inc. 2.09% 48,957 $9.5M Add +4.0%
NVDA Nvidia Corp. 2.04% 74,676 $9.2M Add +8.7%
GOOGL Alphabet Inc. Class A 2.00% 49,700 $9.1M Add +3.0%
ABBV Abbvie Inc. 1.94% 51,288 $8.8M Add +1.0%
META Meta Platforms Inc. Class A 1.92% 17,224 $8.7M Add +2.8%
EMR Emerson Electric Co. 1.89% 77,535 $8.5M Reduce -0.3%
PG The Procter & Gamble Co. 1.83% 50,310 $8.3M Add +0.1%
CVX Chevron Corp. 1.70% 49,320 $7.7M Reduce -0.8%
SPY SS SPDR S&P 500 ETF Trust-US 1.67% 13,877 $7.6M Reduce -0.6%
ETN Eaton Corp. PLC 1.62% 23,310 $7.3M Add +16.1%
BRK.B Berkshire Hathaway Inc. Class B 1.61% 17,856 $7.3M Reduce -5.3%
PEP Pepsico Inc. 1.60% 43,851 $7.2M Add +0.5%
CSCO Cisco Systems Inc. 1.59% 151,855 $7.2M Reduce -10.6%
XOM Exxon Mobil Corp. 1.54% 60,419 $7.0M Add +0.2%
JNJ Johnson & Johnson 1.53% 47,461 $6.9M Add +0.4%
MS Morgan Stanley 1.41% 65,720 $6.4M Add +2.0%
PRU Prudential Financial Inc. 1.34% 51,729 $6.1M Reduce -0.5%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 1.29% 14,870 $5.8M No change
CAH Cardinal Health Inc. 1.24% 56,858 $5.6M Add +5.1%
CRM Salesforce Inc. 1.23% 21,656 $5.6M Add +10.4%
ORCL Oracle Corp. 1.12% 36,006 $5.1M Add +0.8%
V Visa Inc. Class A 1.11% 19,098 $5.0M Add +3.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.07% 27,916 $4.8M Add +1.0%
LLY Eli Lilly & Co. 1.03% 5,152 $4.7M Add +4.2%
ICE Intercontinental Exchange Inc. 1.03% 33,950 $4.6M Add +2.9%
BRK.A Berkshire Hathaway Inc. Class A 0.95% 7 $4.3M No change
CAT Caterpillar Inc. 0.94% 12,826 $4.3M Reduce -8.9%
MRK Merck & Co. Inc. 0.88% 32,346 $4.0M Reduce -2.0%
PANW Palo Alto Networks Inc. 0.88% 11,783 $4.0M Add +52.1%
MAS Masco Corp. 0.86% 58,563 $3.9M Add +2.3%
MET Metlife Inc. 0.83% 53,536 $3.8M Add +1.2%
TFC Truist Financial Corp. 0.83% 96,518 $3.7M Add +5.2%
QCOM Qualcomm Inc. 0.81% 18,320 $3.6M Add +0.4%
LOW Lowe's Cos Inc. 0.78% 16,029 $3.5M Add +1.5%
EOG EOG Resources Inc. 0.75% 27,100 $3.4M Add +1.7%
AMGN Amgen Inc. 0.74% 10,777 $3.4M Reduce -2.2%
AGG iShares Core U.S. Aggregate 0.72% 33,349 $3.2M Reduce -2.8%
SPYG SS SPDR P S&P 500 Growth ETF 0.71% 40,308 $3.2M Reduce -1.1%
AMT American Tower Corp. 0.71% 16,481 $3.2M Add +4.9%
MCD McDonald's Corp. 0.69% 12,203 $3.1M Reduce -0.2%
BLK BlackRock Finance Inc. 0.66% 3,801 $3.0M Add +0.3%
MCHP Microchip Technology Inc. 0.66% 32,596 $3.0M Add +10.1%
SPHY SS SPDR P High Yield ETF 0.66% 128,101 $3.0M Add +4.0%
AVGO Broadcom Inc. 0.64% 1,804 $2.9M New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.63% 71,404 $2.8M Add +63.4%
COP Conocophillips 0.61% 24,098 $2.8M Add +3.7%
CMCSA Comcast Corp. Class A 0.60% 69,648 $2.7M Reduce -1.6%
DD Dupont DE Nemours Inc. 0.60% 33,571 $2.7M Add +4.2%
PFE Pfizer Inc. 0.59% 95,870 $2.7M Add +23.1%
DUK Duke Energy Corp. 0.59% 26,521 $2.7M Add +2.3%
YUM Yum! Brands Inc. 0.57% 19,592 $2.6M Add +5.2%
LIN Linde PLC 0.56% 5,793 $2.5M Reduce -0.7%
DLR Digital Realty Trust Inc. 0.54% 16,190 $2.5M Reduce -2.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.53% 24,268 $2.4M Add +3.8%
FCX Freeport-McMoran Inc. 0.52% 48,612 $2.4M Add +5.8%
MDLZ Mondelez International Inc. Class A 0.52% 36,089 $2.4M Add +1.4%
DLTR Dollar Tree Inc. 0.51% 21,484 $2.3M Reduce -6.1%
OMC Omnicom Group 0.48% 24,346 $2.2M Reduce -0.9%
DOW Dow Inc. 0.46% 39,257 $2.1M Add +0.5%
VZ Verizon Communications Inc. 0.45% 48,922 $2.0M Add +34.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.40% 16,553 $1.8M New
IVV iShares Core S&P 500 ETF 0.40% 3,320 $1.8M No change
GILD Gilead Sciences Inc. 0.40% 26,225 $1.8M Reduce -28.6%
EXC Exelon Corp. 0.39% 50,524 $1.7M Reduce -1.9%
COST Costco Wholesale Corp. 0.37% 1,953 $1.7M Add +2.8%
HON Honeywell International Inc. 0.36% 7,669 $1.6M Add +5.6%
SYY Sysco Corp. 0.35% 21,974 $1.6M Reduce -41.6%
BMY Bristol-Myers Squibb Co. 0.34% 37,531 $1.6M Reduce -6.1%
RTX RTX Corp. 0.34% 15,424 $1.5M Add +7.5%
SCHW Schwab (charles) Corp. 0.34% 20,647 $1.5M New
QQQ Invesco QQQ Trust Series 1 0.33% 3,071 $1.5M Add +0.8%
NKE Nike Inc. Class B 0.29% 17,394 $1.3M Add +2.3%
CVS CVS Health Corp. 0.24% 18,193 $1.1M Reduce -70.2%
CWI State Street SPDR MSCI Acwi 0.21% 33,779 $956K Reduce -3.1%
PSLV Sprott Physical Silver Trust 0.19% 85,000 $844K No change
HD Home Depot Inc. 0.17% 2,246 $773K No change
ING ING Groep N.V.-Sponsored ADR 0.15% 39,588 $679K No change
LGLV SPDR US LC Low Vol Idx 0.15% 4,338 $662K Reduce -14.0%
WMT Walmart Inc. 0.13% 8,682 $588K Reduce -5.3%
PFG Principal Financial Group 0.12% 6,737 $529K Reduce -15.5%
IHF iShares U.S. Healthcare Prov 0.12% 10,000 $524K No change
USMV iShares MSCI USA Min Vol Fac 0.10% 5,362 $450K Reduce -41.8%
CHE Chemed Corp. 0.10% 800 $434K Reduce -5.9%
TGT Target Corp. 0.09% 2,637 $390K Reduce -74.9%
SPYV SS SPDR P S&P 500 Value ETF 0.08% 7,100 $346K Reduce -4.0%
HSY The Hershey Co. 0.08% 1,864 $343K Reduce -5.0%
BA The Boeing Co. 0.07% 1,693 $308K Reduce -9.6%
XLV SS Health Care Select Sector 0.06% 2,000 $292K No change
VIG Vanguard Dividend Apprec ETF 0.05% 1,315 $240K No change
IWB iShares Russell 1000 ETF 0.05% 800 $238K No change
VTI VG Morningstar TS MKT ETF-US 0.05% 873 $234K Reduce -1.7%

Show all 105 holdings

Portfolio Sells Q1 2024 → Q2 2024
CVS CVS Health Corp. Reduce -70.2% 0.24% −0.84
CTSH Cognizant Tech Solutions-A Sold out 0.00% −0.67
SBUX Starbucks Corp. Sold out 0.00% −0.66
SYY Sysco Corp. Reduce -41.6% 0.35% −0.33
TGT Target Corp. Reduce -74.9% 0.09% −0.33
CSCO Cisco Systems Inc. Reduce -10.6% 1.59% −0.28
CAT Caterpillar Inc. Reduce -8.9% 0.94% −0.20
GILD Gilead Sciences Inc. Reduce -28.6% 0.40% −0.20
DLTR Dollar Tree Inc. Reduce -6.1% 0.51% −0.17
BRK.B Berkshire Hathaway Inc. Class B Reduce -5.3% 1.61% −0.15
BMY Bristol-Myers Squibb Co. Reduce -6.1% 0.34% −0.14
MRK Merck & Co. Inc. Reduce -2.0% 0.88% −0.08
CMCSA Comcast Corp. Class A Reduce -1.6% 0.60% −0.08
MCD McDonald's Corp. Reduce -0.2% 0.69% −0.08
USMV iShares MSCI USA Min Vol Fac Reduce -41.8% 0.10% −0.07
EMR Emerson Electric Co. Reduce -0.3% 1.89% −0.06
BSCR Invesco Bulletshares 2027 CB Sold out 0.00% −0.05
BSCQ Invesco Bulletshares 2026 CB Sold out 0.00% −0.05
BSCP Invesco Bulletshares 2025 CB Sold out 0.00% −0.04
OMC Omnicom Group Reduce -0.9% 0.48% −0.04
EXC Exelon Corp. Reduce -1.9% 0.39% −0.04
LIN Linde PLC Reduce -0.7% 0.56% −0.04
PFG Principal Financial Group Reduce -15.5% 0.12% −0.04
CVX Chevron Corp. Reduce -0.8% 1.70% −0.03
AGG iShares Core U.S. Aggregate Reduce -2.8% 0.72% −0.03
LGLV SPDR US LC Low Vol Idx Reduce -14.0% 0.15% −0.03
CHE Chemed Corp. Reduce -5.9% 0.10% −0.02
BA The Boeing Co. Reduce -9.6% 0.07% −0.01
PRU Prudential Financial Inc. Reduce -0.5% 1.34% −0.01
HSY The Hershey Co. Reduce -5.0% 0.08% −0.01
CWI State Street SPDR MSCI Acwi Reduce -3.1% 0.21% −0.01
SPYV SS SPDR P S&P 500 Value ETF Reduce -4.0% 0.08% −0.01
IBDT iShares Ibonds Dec 2028 ETF Reduce -8.8% 0.04% −0.00
VTI VG Morningstar TS MKT ETF-US Reduce -1.7% 0.05% +0.00
WMT Walmart Inc. Reduce -5.3% 0.13% +0.01
DLR Digital Realty Trust Inc. Reduce -2.1% 0.54% +0.02
AMGN Amgen Inc. Reduce -2.2% 0.74% +0.05
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.6% 1.67% +0.05
SPYG SS SPDR P S&P 500 Growth ETF Reduce -1.1% 0.71% +0.05
MSFT Microsoft Corp. Reduce -0.7% 4.20% +0.21

Portfolio Buys Q1 2024 → Q2 2024
AAPL Apple Inc. Add +1.8% 3.87% +0.77
NVDA Nvidia Corp. Add +8.7% 2.04% +0.67
AVGO Broadcom Inc. New 0.64% +0.64
TJX TJX Companies Inc. New 0.40% +0.40
PANW Palo Alto Networks Inc. Add +52.1% 0.88% +0.40
GOOGL Alphabet Inc. Class A Add +3.0% 2.00% +0.39
SCHW Schwab (charles) Corp. New 0.34% +0.34
BAC Bank of America Corp. Add +63.4% 0.63% +0.26
ETN Eaton Corp. PLC Add +16.1% 1.62% +0.23
AMZN Amazon.com Inc. Add +4.0% 2.09% +0.21
LLY Eli Lilly & Co. Add +4.2% 1.03% +0.18
IEMG iShares Core MSCI Emerging Add +4.2% 2.24% +0.17
ORCL Oracle Corp. Add +0.8% 1.12% +0.13
QCOM Qualcomm Inc. Add +0.4% 0.81% +0.12
META Meta Platforms Inc. Class A Add +2.8% 1.92% +0.12
PFE Pfizer Inc. Add +23.1% 0.59% +0.11
VZ Verizon Communications Inc. Add +34.7% 0.45% +0.11
IEFA iShares Core MSCI Eafe ETF Add +4.1% 4.94% +0.08
MCHP Microchip Technology Inc. Add +10.1% 0.66% +0.07
MS Morgan Stanley Add +2.0% 1.41% +0.07
JPM JPMorgan Chase & Co. Add +1.0% 3.44% +0.06
COST Costco Wholesale Corp. Add +2.8% 0.37% +0.06
AFL Aflac Inc. New 0.05% +0.05
DD Dupont DE Nemours Inc. Add +4.2% 0.60% +0.05
FCX Freeport-McMoran Inc. Add +5.8% 0.52% +0.04
TFC Truist Financial Corp. Add +5.2% 0.83% +0.04
DUK Duke Energy Corp. Add +2.3% 0.59% +0.03
RTX RTX Corp. Add +7.5% 0.34% +0.03
HON Honeywell International Inc. Add +5.6% 0.36% +0.03
PG The Procter & Gamble Co. Add +0.1% 1.83% +0.03
QQQ Invesco QQQ Trust Series 1 Add +0.8% 0.33% +0.03
ICE Intercontinental Exchange Inc. Add +2.9% 1.03% +0.02
AMT American Tower Corp. Add +4.9% 0.71% +0.02
PGX Invesco Preferred ETF Add +3.6% 3.36% +0.02
SPHY SS SPDR P High Yield ETF Add +4.0% 0.66% +0.02
IJR iShares Core S&P Small-Cap E Add +3.9% 2.55% +0.00
YUM Yum! Brands Inc. Add +5.2% 0.57% +0.00
EOG EOG Resources Inc. Add +1.7% 0.75% −0.00
XOM Exxon Mobil Corp. Add +0.2% 1.54% −0.01
MDLZ Mondelez International Inc. Class A Add +1.4% 0.52% −0.03
V Visa Inc. Class A Add +3.2% 1.11% −0.04
MET Metlife Inc. Add +1.2% 0.83% −0.04
BLK BlackRock Finance Inc. Add +0.3% 0.66% −0.04
DOW Dow Inc. Add +0.5% 0.46% −0.04
COP Conocophillips Add +3.7% 0.61% −0.05
NKE Nike Inc. Class B Add +2.3% 0.29% −0.06
CRM Salesforce Inc. Add +10.4% 1.23% −0.08
PEP Pepsico Inc. Add +0.5% 1.60% −0.09
DIS The Walt Disney Co. Add +3.8% 0.53% −0.10
IBM Intl Business Machines Corp. Add +1.0% 1.07% −0.10

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 118$598.4MIEFA, SPHY, IJH, IEMG, AAPL
Q1 2026 117$543.4MSPHY, IEFA, IJH, IEMG, JPM
Q4 2025 120$533.3MIEFA, IJH, AAPL, JPM, GOOGL
Q3 2025 120$525.3MIEFA, IJH, MSFT, JPM, AAPL
Q2 2025 122$502.1MIJH, IEFA, MSFT, IJR, JPM
Q1 2025 119$471.0MIJH, IEFA, IJR, AAPL, JPM
Q4 2024 106$480.6MIEFA, IJH, AAPL, JPM, MSFT
Q3 2024 110$486.4MIEFA, IJH, AAPL, MSFT, JPM
Q2 2024 105$452.5MIEFA, IJH, MSFT, AAPL, JPM
Q1 2024 106$451.9MIEFA, IJH, MSFT, JPM, PGX