First Interstate Bank Buys Vanguard Intermediate-Term Corporate Bond ETF, ISHARES TRUST, ISHARES TRUST, Sells Gilead Sciences Inc, SELECT SECTOR SPDR, Exxon Mobil Corp

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Aug 05, 2020
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Billings, MT, based Investment company First Interstate Bank (Current Portfolio) buys Vanguard Intermediate-Term Corporate Bond ETF, ISHARES TRUST, ISHARES TRUST, SELECT SECTOR SPDR, McDonald's Corp, sells Gilead Sciences Inc, SELECT SECTOR SPDR, Exxon Mobil Corp, Chevron Corp, Anheuser-Busch InBev SA/NV during the 3-months ended 2020Q2, according to the most recent filings of the investment company, First Interstate Bank. As of 2020Q2, First Interstate Bank owns 159 stocks with a total value of $723 million. These are the details of the buys and sells.

For the details of FIRST INTERSTATE BANK's stock buys and sells, go to https://www.gurufocus.com/guru/first+interstate+bank/current-portfolio/portfolio

These are the top 5 holdings of FIRST INTERSTATE BANK
  1. Vanguard Intermediate-Term Corporate Bond ETF (VCIT) - 1,767,552 shares, 23.26% of the total portfolio. New Position
  2. ISHARES TRUST (IVV) - 210,791 shares, 9.03% of the total portfolio. Shares added by 56.53%
  3. ISHARES TRUST (IJR) - 731,482 shares, 6.91% of the total portfolio. Shares added by 1676.99%
  4. ISHARES TRUST (IJH) - 174,043 shares, 4.28% of the total portfolio. Shares added by 10.92%
  5. SELECT SECTOR SPDR (XLK) - 273,483 shares, 3.95% of the total portfolio. Shares added by 0.42%
New Purchase: Vanguard Intermediate-Term Corporate Bond ETF (VCIT)

First Interstate Bank initiated holding in Vanguard Intermediate-Term Corporate Bond ETF. The purchase prices were between $86.24 and $95.36, with an estimated average price of $91.91. The stock is now traded at around $96.85. The impact to a portfolio due to this purchase was 23.26%. The holding were 1,767,552 shares as of .

New Purchase: KLA Corp (KLAC)

First Interstate Bank initiated holding in KLA Corp. The purchase prices were between $127.94 and $194.48, with an estimated average price of $170.25. The stock is now traded at around $203.21. The impact to a portfolio due to this purchase was 0.37%. The holding were 13,780 shares as of .

New Purchase: iShares U.S. Preferred Stock (PFF)

First Interstate Bank initiated holding in iShares U.S. Preferred Stock. The purchase prices were between $30.01 and $35.86, with an estimated average price of $34.03. The stock is now traded at around $36.10. The impact to a portfolio due to this purchase was 0.18%. The holding were 37,851 shares as of .

New Purchase: Illumina Inc (ILMN)

First Interstate Bank initiated holding in Illumina Inc. The purchase prices were between $256.46 and $373.01, with an estimated average price of $329.62. The stock is now traded at around $400.41. The impact to a portfolio due to this purchase was 0.07%. The holding were 1,413 shares as of .

New Purchase: Yum Brands Inc (YUM)

First Interstate Bank initiated holding in Yum Brands Inc. The purchase prices were between $63.3 and $96.52, with an estimated average price of $85.1. The stock is now traded at around $91.33. The impact to a portfolio due to this purchase was 0.06%. The holding were 4,907 shares as of .

New Purchase: Netflix Inc (NFLX)

First Interstate Bank initiated holding in Netflix Inc. The purchase prices were between $361.76 and $468.04, with an estimated average price of $424.08. The stock is now traded at around $504.78. The impact to a portfolio due to this purchase was 0.06%. The holding were 966 shares as of .

Added: ISHARES TRUST (IJR)

First Interstate Bank added to a holding in ISHARES TRUST by 1676.99%. The purchase prices were between $50.81 and $75.28, with an estimated average price of $62.85. The stock is now traded at around $73.44. The impact to a portfolio due to this purchase was 6.52%. The holding were 731,482 shares as of .

Added: ISHARES TRUST (IVV)

First Interstate Bank added to a holding in ISHARES TRUST by 56.53%. The purchase prices were between $245.78 and $323.06, with an estimated average price of $292.09. The stock is now traded at around $333.14. The impact to a portfolio due to this purchase was 3.26%. The holding were 210,791 shares as of .

Added: SELECT SECTOR SPDR (XLE)

First Interstate Bank added to a holding in SELECT SECTOR SPDR by 198.91%. The purchase prices were between $27.62 and $46.86, with an estimated average price of $37.03. The stock is now traded at around $37.45. The impact to a portfolio due to this purchase was 0.52%. The holding were 149,670 shares as of .

Added: McDonald's Corp (MCD)

First Interstate Bank added to a holding in McDonald's Corp by 230.10%. The purchase prices were between $158.17 and $202.65, with an estimated average price of $183.11. The stock is now traded at around $198.67. The impact to a portfolio due to this purchase was 0.43%. The holding were 24,302 shares as of .

Added: SELECT SECTOR SPDR (XLI)

First Interstate Bank added to a holding in SELECT SECTOR SPDR by 82.00%. The purchase prices were between $56.34 and $76.29, with an estimated average price of $64.72. The stock is now traded at around $73.32. The impact to a portfolio due to this purchase was 0.32%. The holding were 76,268 shares as of .

Added: Abbott Laboratories (ABT)

First Interstate Bank added to a holding in Abbott Laboratories by 706.71%. The purchase prices were between $76.57 and $98, with an estimated average price of $90.16. The stock is now traded at around $101.69. The impact to a portfolio due to this purchase was 0.28%. The holding were 25,492 shares as of .

Sold Out: Anheuser-Busch InBev SA/NV (BUD)

First Interstate Bank sold out a holding in Anheuser-Busch InBev SA/NV. The sale prices were between $39.52 and $57.92, with an estimated average price of $46.65.

Sold Out: Lennar Corp (LEN)

First Interstate Bank sold out a holding in Lennar Corp. The sale prices were between $33.39 and $64.99, with an estimated average price of $52.55.

Sold Out: Bank of America Corp (BAC)

First Interstate Bank sold out a holding in Bank of America Corp. The sale prices were between $19.77 and $28.54, with an estimated average price of $23.6.

Sold Out: Cheniere Energy Inc (LNG)

First Interstate Bank sold out a holding in Cheniere Energy Inc. The sale prices were between $32 and $51.25, with an estimated average price of $43.48.

Sold Out: Morgan Stanley (MS)

First Interstate Bank sold out a holding in Morgan Stanley. The sale prices were between $31.62 and $50.4, with an estimated average price of $41.83.

Sold Out: American Tower Corp (AMT)

First Interstate Bank sold out a holding in American Tower Corp. The sale prices were between $206.97 and $267.39, with an estimated average price of $247.05.

Reduced: Gilead Sciences Inc (GILD)

First Interstate Bank reduced to a holding in Gilead Sciences Inc by 91.28%. The sale prices were between $72.34 and $84, with an estimated average price of $76.51. The stock is now traded at around $69.50. The impact to a portfolio due to this sale was -1.37%. First Interstate Bank still held 7,010 shares as of .

Reduced: SELECT SECTOR SPDR (XLY)

First Interstate Bank reduced to a holding in SELECT SECTOR SPDR by 56.89%. The sale prices were between $92.41 and $133.25, with an estimated average price of $117.49. The stock is now traded at around $138.90. The impact to a portfolio due to this sale was -0.66%. First Interstate Bank still held 20,403 shares as of .

Reduced: Exxon Mobil Corp (XOM)

First Interstate Bank reduced to a holding in Exxon Mobil Corp by 69.81%. The sale prices were between $37.53 and $54.74, with an estimated average price of $44.72. The stock is now traded at around $43.86. The impact to a portfolio due to this sale was -0.59%. First Interstate Bank still held 26,996 shares as of .

Reduced: Chevron Corp (CVX)

First Interstate Bank reduced to a holding in Chevron Corp by 61.02%. The sale prices were between $68.56 and $103.24, with an estimated average price of $89.2. The stock is now traded at around $87.08. The impact to a portfolio due to this sale was -0.43%. First Interstate Bank still held 15,280 shares as of .

Reduced: Citigroup Inc (C)

First Interstate Bank reduced to a holding in Citigroup Inc by 68.84%. The sale prices were between $37.49 and $61.24, with an estimated average price of $47.31. The stock is now traded at around $51.01. The impact to a portfolio due to this sale was -0.12%. First Interstate Bank still held 5,307 shares as of .

Reduced: Wells Fargo & Co (WFC)

First Interstate Bank reduced to a holding in Wells Fargo & Co by 36.45%. The sale prices were between $22.53 and $33.32, with an estimated average price of $27.42. The stock is now traded at around $24.42. The impact to a portfolio due to this sale was -0.07%. First Interstate Bank still held 16,455 shares as of .



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