Iowa State Bank Buys Dollar Tree Inc, Carnival Corp, Alphabet Inc, Sells Invesco Preferred, Kimberly-Clark Corp, General Electric Co

• New Purchases: DLTR, CCL, GOOGL, IVOO, BDX, WY,
• Added Positions: XLI, XOM, ED, CVS, WBA, HON, SLB, SHPG, ORCL, DE,
• Reduced Positions: DIA, GE, MSFT, BRK.B, JPM, ECL, CSCO, CRM, SYY, AAPL,
• Sold Out: PGX, KMB,

For the details of Iowa State Bank's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Iowa+State+Bank

1. United Parcel Service Inc (UPS) - 81,044 shares, 4.25% of the total portfolio. Shares reduced by 0.37%
2. Microsoft Corp (MSFT) - 72,972 shares, 3.55% of the total portfolio. Shares reduced by 4.35%
3. Apple Inc (AAPL) - 38,302 shares, 3.5% of the total portfolio. Shares reduced by 1.79%
4. Salesforce.com Inc (CRM) - 45,413 shares, 3.06% of the total portfolio. Shares reduced by 3.16%
5. JPMorgan Chase & Co (JPM) - 57,829 shares, 2.97% of the total portfolio. Shares reduced by 2.4%

Iowa State Bank initiated holding in Dollar Tree Inc. The purchase prices were between $81.21 and $100.52, with an estimated average price of $92.37. The stock is now traded at around $86.30. The impact to a portfolio due to this purchase was 1.14%. The holding were 27,100 shares as of 2018-06-30.

Iowa State Bank initiated holding in Carnival Corp. The purchase prices were between $57.16 and $66.27, with an estimated average price of $63.44. The stock is now traded at around $58.10. The impact to a portfolio due to this purchase was 1.09%. The holding were 38,585 shares as of 2018-06-30.

Iowa State Bank initiated holding in Alphabet Inc. The purchase prices were between $1009.95 and $1184.07, with an estimated average price of $1087.78. The stock is now traded at around $1197.83. The impact to a portfolio due to this purchase was 0.89%. The holding were 1,602 shares as of 2018-06-30.

Iowa State Bank initiated holding in Vanguard S&P Mid-Cap 400. The purchase prices were between $123.62 and $135.38, with an estimated average price of $130.34. The stock is now traded at around $134.84. The impact to a portfolio due to this purchase was 0.31%. The holding were 4,806 shares as of 2018-06-30.

Iowa State Bank initiated holding in Becton, Dickinson and Co. The purchase prices were between $213.3 and $239.7, with an estimated average price of $228.26. The stock is now traded at around $247.06. The impact to a portfolio due to this purchase was 0.1%. The holding were 860 shares as of 2018-06-30.

Iowa State Bank initiated holding in Weyerhaeuser Co. The purchase prices were between $34.61 and $38.36, with an estimated average price of $36.55. The stock is now traded at around $34.91. The impact to a portfolio due to this purchase was 0.1%. The holding were 5,576 shares as of 2018-06-30.

Iowa State Bank added to a holding in SPDR Select Sector Fund - Industrial by 69.03%. The purchase prices were between $71.26 and $76.59, with an estimated average price of $74.19. The stock is now traded at around $74.51. The impact to a portfolio due to this purchase was 0.18%. The holding were 12,537 shares as of 2018-06-30.

Iowa State Bank sold out a holding in Invesco Preferred. The sale prices were between $14.33 and $14.64, with an estimated average price of $14.48.

Iowa State Bank sold out a holding in Kimberly-Clark Corp. The sale prices were between $98.52 and $109.41, with an estimated average price of $103.94.

Iowa State Bank reduced to a holding in General Electric Co by 45.42%. The sale prices were between $12.75 and $15.29, with an estimated average price of $13.92. The stock is now traded at around $13.11. The impact to a portfolio due to this sale was -0.22%. Iowa State Bank still held 40,308 shares as of 2018-06-30.