Iowa State Bank

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 9, 2024), Iowa State Bank reported 110 stock positions worth $486.4 million. Its top holding was iShares Core MSCI Eafe ETF (IEFA) at 5.1% of the portfolio, followed by iShares Core S&P Midcap ETF (IJH, 4.6%) and Apple (AAPL, 3.7%). Compared with Q2 2024, it opened 7 new positions, sold out of 2, added to 30 and reduced 61. The biggest buy was SS SPDR P High Yield ETF (SPHY, shares +188%) and the biggest sale United Parcel Service Class B (UPS, shares −26%).

Most Recent 13F
Q2 2026
Location
URBANDALE, IA
CIK
0001546967
Portfolio Value
$486.4M (Q3 2024)
SEC Filing
0001546967-24-000006 ↗ filed Oct 9, 2024

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $451.9M Q1 2024 Q2 2024: $452.5M Q2 2024 Q3 2024: $486.4M $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 110 stocks · $486.4M
IEFA iShares Core MSCI Eafe ETF 5.10% 317,752 $24.8M Add +3.2%
IJH iShares Core S&P Midcap ETF 4.63% 361,419 $22.5M Add +7.0%
AAPL Apple Inc. 3.75% 78,174 $18.2M Reduce -5.9%
MSFT Microsoft Corp. 3.59% 40,540 $17.4M Reduce -4.6%
JPM JPMorgan Chase & Co. 3.18% 73,349 $15.5M Reduce -4.6%
IJR iShares Core S&P Small-Cap E 2.94% 122,086 $14.3M Add +12.9%
PGX Invesco Preferred ETF 2.84% 1,119,310 $13.8M Reduce -14.9%
IEMG iShares Core MSCI Emerging 2.36% 199,983 $11.5M Add +5.8%
NVDA Nvidia Corp. 2.18% 87,256 $10.6M Add +16.9%
ABBV Abbvie Inc. 2.16% 53,097 $10.5M Add +3.5%
META Meta Platforms Inc. Class A 1.98% 16,856 $9.6M Reduce -2.1%
SPHY SS SPDR P High Yield ETF 1.83% 369,523 $8.9M Add +188.5%
AMZN Amazon.com Inc. 1.78% 46,452 $8.7M Reduce -5.1%
PG The Procter & Gamble Co. 1.75% 49,204 $8.5M Reduce -2.2%
GOOGL Alphabet Inc. Class A 1.72% 50,435 $8.4M Add +1.5%
BRK.B Berkshire Hathaway Inc. Class B 1.69% 17,877 $8.2M Add +0.1%
EMR Emerson Electric Co. 1.69% 74,953 $8.2M Reduce -3.3%
SPY SS SPDR S&P 500 ETF Trust-US 1.67% 14,182 $8.1M Add +2.2%
UPS United Parcel Service Class B 1.67% 59,648 $8.1M Reduce -25.8%
CSCO Cisco Systems Inc. 1.63% 148,839 $7.9M Reduce -2.0%
ETN Eaton Corp. PLC 1.60% 23,519 $7.8M Add +0.9%
JNJ Johnson & Johnson 1.52% 45,736 $7.4M Reduce -3.6%
PEP Pepsico Inc. 1.47% 41,939 $7.1M Reduce -4.4%
MS Morgan Stanley 1.42% 66,250 $6.9M Add +0.8%
XOM Exxon Mobil Corp. 1.41% 58,333 $6.8M Reduce -3.5%
CVX Chevron Corp. 1.36% 44,932 $6.6M Reduce -8.9%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 1.29% 14,870 $6.3M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.26% 27,667 $6.1M Reduce -0.9%
ORCL Oracle Corp. 1.22% 34,731 $5.9M Reduce -3.5%
CRM Salesforce Inc. 1.21% 21,436 $5.9M Reduce -1.0%
PRU Prudential Financial Inc. 1.20% 48,370 $5.9M Reduce -6.5%
CAH Cardinal Health Inc. 1.20% 52,696 $5.8M Reduce -7.3%
V Visa Inc. Class A 1.05% 18,635 $5.1M Reduce -2.4%
LLY Eli Lilly & Co. 1.02% 5,612 $5.0M Add +8.9%
CAT Caterpillar Inc. 1.02% 12,706 $5.0M Reduce -0.9%
BRK.A Berkshire Hathaway Inc. Class A 0.99% 7 $4.8M No change
ICE Intercontinental Exchange Inc. 0.99% 29,927 $4.8M Reduce -11.8%
LOW Lowe's Cos Inc. 0.91% 16,276 $4.4M Add +1.5%
MET Metlife Inc. 0.90% 53,260 $4.4M Reduce -0.5%
RTX RTX Corp. 0.88% 35,304 $4.3M Add +128.9%
MAS Masco Corp. 0.87% 50,464 $4.2M Reduce -13.8%
PANW Palo Alto Networks Inc. 0.81% 11,540 $3.9M Reduce -2.1%
TFC Truist Financial Corp. 0.80% 90,929 $3.9M Reduce -5.8%
MCD McDonald's Corp. 0.75% 11,938 $3.6M Reduce -2.2%
BLK BlackRock Finance Inc. 0.74% 3,803 $3.6M Add +0.1%
AMT American Tower Corp. 0.74% 15,519 $3.6M Reduce -5.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.74% 90,187 $3.6M Add +26.3%
MRK Merck & Co. Inc. 0.73% 31,470 $3.6M Reduce -2.7%
AMGN Amgen Inc. 0.70% 10,601 $3.4M Reduce -1.6%
AGG iShares Core U.S. Aggregate 0.70% 33,659 $3.4M Add +0.9%
EOG EOG Resources Inc. 0.66% 26,022 $3.2M Reduce -4.0%
AVGO Broadcom Inc. 0.65% 18,254 $3.1M Add +1.2%
QCOM Qualcomm Inc. 0.63% 17,974 $3.1M Reduce -1.9%
SPYG SS SPDR P S&P 500 Growth ETF 0.60% 35,456 $2.9M Reduce -12.0%
LIN Linde PLC 0.60% 6,130 $2.9M Add +5.8%
DUK Duke Energy Corp. 0.59% 24,730 $2.9M Reduce -6.8%
YUM Yum! Brands Inc. 0.58% 20,291 $2.8M Add +3.6%
PFE Pfizer Inc. 0.57% 95,423 $2.8M Reduce -0.5%
MDLZ Mondelez International Inc. Class A 0.55% 36,065 $2.7M Reduce -0.1%
NKE Nike Inc. Class B 0.54% 29,611 $2.6M Add +70.2%
DLR Digital Realty Trust Inc. 0.53% 15,988 $2.6M Reduce -1.3%
MCHP Microchip Technology Inc. 0.52% 31,650 $2.5M Reduce -2.9%
OMC Omnicom Group 0.52% 24,447 $2.5M Add +0.4%
VZ Verizon Communications Inc. 0.51% 55,026 $2.5M Add +12.5%
BMY Bristol-Myers Squibb Co. 0.50% 46,885 $2.4M Add +24.9%
COP Conocophillips 0.50% 22,969 $2.4M Reduce -4.7%
FCX Freeport-McMoran Inc. 0.49% 48,231 $2.4M Reduce -0.8%
CMCSA Comcast Corp. Class A 0.49% 57,257 $2.4M Reduce -17.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.47% 23,952 $2.3M Reduce -1.3%
DD Dupont DE Nemours Inc. 0.47% 25,413 $2.3M Reduce -24.3%
PYPL PayPal Holdings Inc. 0.46% 28,534 $2.2M New
GILD Gilead Sciences Inc. 0.44% 25,733 $2.2M Reduce -1.9%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.39% 16,161 $1.9M Reduce -2.4%
COST Costco Wholesale Corp. 0.38% 2,110 $1.9M Add +8.0%
IVV iShares Core S&P 500 ETF 0.38% 3,232 $1.9M Reduce -2.6%
SCHW Schwab (charles) Corp. 0.38% 28,476 $1.8M Add +37.9%
WM Waste Management Inc. 0.36% 8,447 $1.8M New
SYY Sysco Corp. 0.34% 21,056 $1.6M Reduce -4.2%
EXC Exelon Corp. 0.34% 40,351 $1.6M Reduce -20.1%
HON Honeywell International Inc. 0.33% 7,831 $1.6M Add +2.1%
DLTR Dollar Tree Inc. 0.30% 20,644 $1.5M Reduce -3.9%
Community State Bank Capital Stock 0.29% 285 $1.4M New
COR Cencora Inc. 0.29% 6,177 $1.4M New
CVS CVS Health Corp. 0.25% 19,052 $1.2M Add +4.7%
MDT Medtronic PLC 0.24% 13,048 $1.2M New
HD Home Depot Inc. 0.19% 2,246 $910K No change
CWI State Street SPDR MSCI Acwi 0.18% 29,066 $885K Reduce -13.9%
QQQ Invesco QQQ Trust Series 1 0.18% 1,775 $866K Reduce -42.2%
LGLV SPDR US LC Low Vol Idx 0.15% 4,275 $723K Reduce -1.4%
WMT Walmart Inc. 0.14% 8,544 $690K Reduce -1.6%
ING ING Groep N.V.-Sponsored ADR 0.13% 35,588 $646K Reduce -10.1%
IHF iShares U.S. Healthcare Prov 0.12% 10,000 $571K No change
PFG Principal Financial Group 0.12% 6,592 $566K Reduce -2.1%
USMV iShares MSCI USA Min Vol Fac 0.10% 5,461 $499K Add +1.9%
CHE Chemed Corp. 0.09% 750 $451K Reduce -6.3%
SPYV SS SPDR P S&P 500 Value ETF 0.08% 7,100 $375K No change
HSY The Hershey Co. 0.07% 1,864 $357K No change
XLV SS Health Care Select Sector 0.06% 2,000 $308K No change
DOW Dow Inc. 0.06% 5,613 $307K Reduce -85.7%
AFL Aflac Inc. 0.06% 2,595 $290K No change

Show all 110 holdings

Portfolio Sells Q2 2024 → Q3 2024
UPS United Parcel Service Class B Reduce -25.8% 1.67% −0.76
MSFT Microsoft Corp. Reduce -4.6% 3.59% −0.61
PGX Invesco Preferred ETF Reduce -14.9% 2.84% −0.51
DOW Dow Inc. Reduce -85.7% 0.06% −0.40
CVX Chevron Corp. Reduce -8.9% 1.36% −0.34
AMZN Amazon.com Inc. Reduce -5.1% 1.78% −0.31
JPM JPMorgan Chase & Co. Reduce -4.6% 3.18% −0.26
DLTR Dollar Tree Inc. Reduce -3.9% 0.30% −0.21
EMR Emerson Electric Co. Reduce -3.3% 1.69% −0.20
PSLV Sprott Physical Silver Trust Sold out 0.00% −0.19
QCOM Qualcomm Inc. Reduce -1.9% 0.63% −0.18
MRK Merck & Co. Inc. Reduce -2.7% 0.73% −0.15
QQQ Invesco QQQ Trust Series 1 Reduce -42.2% 0.18% −0.15
MCHP Microchip Technology Inc. Reduce -2.9% 0.52% −0.14
PRU Prudential Financial Inc. Reduce -6.5% 1.20% −0.14
PEP Pepsico Inc. Reduce -4.4% 1.47% −0.13
DD Dupont DE Nemours Inc. Reduce -24.3% 0.47% −0.13
XOM Exxon Mobil Corp. Reduce -3.5% 1.41% −0.13
AAPL Apple Inc. Reduce -5.9% 3.75% −0.12
COP Conocophillips Reduce -4.7% 0.50% −0.11
CMCSA Comcast Corp. Class A Reduce -17.8% 0.49% −0.11
SPYG SS SPDR P S&P 500 Growth ETF Reduce -12.0% 0.60% −0.11
EOG EOG Resources Inc. Reduce -4.0% 0.66% −0.10
PG The Procter & Gamble Co. Reduce -2.2% 1.75% −0.08
PANW Palo Alto Networks Inc. Reduce -2.1% 0.81% −0.07
DIS The Walt Disney Co. Reduce -1.3% 0.47% −0.06
V Visa Inc. Class A Reduce -2.4% 1.05% −0.05
EXC Exelon Corp. Reduce -20.1% 0.34% −0.05
IBDT iShares Ibonds Dec 2028 ETF Sold out 0.00% −0.04
AMGN Amgen Inc. Reduce -1.6% 0.70% −0.04
ICE Intercontinental Exchange Inc. Reduce -11.8% 0.99% −0.04
CAH Cardinal Health Inc. Reduce -7.3% 1.20% −0.04
CWI State Street SPDR MSCI Acwi Reduce -13.9% 0.18% −0.03
TFC Truist Financial Corp. Reduce -5.8% 0.80% −0.03
TGT Target Corp. Reduce -30.4% 0.06% −0.03
FCX Freeport-McMoran Inc. Reduce -0.8% 0.49% −0.03
PFE Pfizer Inc. Reduce -0.5% 0.57% −0.03
CRM Salesforce Inc. Reduce -1.0% 1.21% −0.02
IVV iShares Core S&P 500 ETF Reduce -2.6% 0.38% −0.02
ING ING Groep N.V.-Sponsored ADR Reduce -10.1% 0.13% −0.02
TJX TJX Companies Inc. Reduce -2.4% 0.39% −0.01
DLR Digital Realty Trust Inc. Reduce -1.3% 0.53% −0.01
JNJ Johnson & Johnson Reduce -3.6% 1.52% −0.01
SYY Sysco Corp. Reduce -4.2% 0.34% −0.01
VTI VG Morningstar TS MKT ETF-US Reduce -6.0% 0.05% −0.00
BDJ BlackRock Enhanced Eqty DVD Reduce -9.2% 0.03% −0.00
CHE Chemed Corp. Reduce -6.3% 0.09% −0.00
DUK Duke Energy Corp. Reduce -6.8% 0.59% −0.00
ABT Abbott Laboratories Reduce -3.5% 0.04% −0.00
PFG Principal Financial Group Reduce -2.1% 0.12% −0.00

Portfolio Buys Q2 2024 → Q3 2024
SPHY SS SPDR P High Yield ETF Add +188.5% 1.83% +1.17
RTX RTX Corp. Add +128.9% 0.88% +0.54
PYPL PayPal Holdings Inc. New 0.46% +0.46
IJR iShares Core S&P Small-Cap E Add +12.9% 2.94% +0.39
WM Waste Management Inc. New 0.36% +0.36
Community State Bank Capital Stock New 0.29% +0.29
COR Cencora Inc. New 0.29% +0.29
IJH iShares Core S&P Midcap ETF Add +7.0% 4.63% +0.26
NKE Nike Inc. Class B Add +70.2% 0.54% +0.25
MDT Medtronic PLC New 0.24% +0.24
ABBV Abbvie Inc. Add +3.5% 2.16% +0.21
IEFA iShares Core MSCI Eafe ETF Add +3.2% 5.10% +0.16
BMY Bristol-Myers Squibb Co. Add +24.9% 0.50% +0.15
NVDA Nvidia Corp. Add +16.9% 2.18% +0.14
LOW Lowe's Cos Inc. Add +1.5% 0.91% +0.13
IEMG iShares Core MSCI Emerging Add +5.8% 2.36% +0.13
BAC Bank of America Corp. Add +26.3% 0.74% +0.11
BRK.B Berkshire Hathaway Inc. Class B Add +0.1% 1.69% +0.09
BLK BlackRock Finance Inc. Add +0.1% 0.74% +0.08
VZ Verizon Communications Inc. Add +12.5% 0.51% +0.06
CATX Perspective Therapeutics Inc. New 0.05% +0.05
NSIT Insight Enterprises Inc. New 0.04% +0.04
SCHW Schwab (charles) Corp. Add +37.9% 0.38% +0.04
LIN Linde PLC Add +5.8% 0.60% +0.04
OMC Omnicom Group Add +0.4% 0.52% +0.04
COST Costco Wholesale Corp. Add +8.0% 0.38% +0.02
YUM Yum! Brands Inc. Add +3.6% 0.58% +0.01
CVS CVS Health Corp. Add +4.7% 0.25% +0.01
MS Morgan Stanley Add +0.8% 1.42% +0.01
AVGO Broadcom Inc. Add +1.2% 0.65% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Add +2.2% 1.67% +0.00
USMV iShares MSCI USA Min Vol Fac Add +1.9% 0.10% +0.00
LLY Eli Lilly & Co. Add +8.9% 1.02% −0.01
ETN Eaton Corp. PLC Add +0.9% 1.60% −0.01
AGG iShares Core U.S. Aggregate Add +0.9% 0.70% −0.01
HON Honeywell International Inc. Add +2.1% 0.33% −0.03
GOOGL Alphabet Inc. Class A Add +1.5% 1.72% −0.28

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