Iowa State Bank Buys SPDR Barclays Convertible Securities ETF, U.S. Bancorp, Dow Inc, Sells DuPont de Nemours Inc, GlaxoSmithKline PLC, Industrial Select Sector SPDR Fund

• New Purchases: HD, IJH, UTX, MET, MS, IBM, UNP, MMM, PPG, AXP, CTSH, KO, LLY, AMZN, DD, KMB, XLY, BK, EOG, SPG, ETFC, NSC, NYT, CI, ZBH, TGT,
• Added Positions: CWI, USB, DOW, CAT, INTC, WBA, JNJ, WTBA, XOM, MSFT, BA, PFE, MRK, BP, CSCO, PG, HON, PGX, PM, T, JPM, SLB, WMT, IVOO, ABBV, GOOGL, GE, D, CMCSA, FB, BRK.B, BMY, DE, AAPL, COP, ORCL, BLK, MO, BAC, AMT, EMR, MAS, CAH, ICE, DIS, ED, CVS, ABC,
• Reduced Positions: GSK, CRM, XLI, XLE, MCD, QCOM, DUK, SPY, YUM, SBUX, LOW, PEP, ECL, SYY, DLR, QQQ, DLTR, ABT, SPYG, CHE, MDLZ, SO, XLV, PPL, PAYX, IVV, HSY, BDX,
• Sold Out: 6D81, NOV,

For the details of Iowa State Bank's stock buys and sells, go to https://www.gurufocus.com/guru/iowa+state+bank/current-portfolio/portfolio

1. Microsoft Corp (MSFT) - 73,083 shares, 3.86% of the total portfolio. Shares added by 11.29%
2. United Parcel Service Inc (UPS) - 80,756 shares, 3.68% of the total portfolio. Shares reduced by 0.69%
3. Apple Inc (AAPL) - 37,638 shares, 3.20% of the total portfolio. Shares added by 1.45%
4. Procter & Gamble Co (PG) - 57,317 shares, 2.71% of the total portfolio. Shares added by 7.15%
5. JPMorgan Chase & Co (JPM) - 58,744 shares, 2.63% of the total portfolio. Shares added by 4.18%

Iowa State Bank initiated holding in The Home Depot Inc. The purchase prices were between $201.59 and $233.98, with an estimated average price of $218.64. The stock is now traded at around $237.93. The impact to a portfolio due to this purchase was 0.49%. The holding were 5,545 shares as of .

Iowa State Bank initiated holding in iShares Core S&P Mid-Cap ETF. The purchase prices were between $182.36 and $197.65, with an estimated average price of $191.38. The stock is now traded at around $193.32. The impact to a portfolio due to this purchase was 0.47%. The holding were 6,383 shares as of .

Iowa State Bank initiated holding in United Technologies Corp. The purchase prices were between $123.42 and $138.08, with an estimated average price of $131.91. The stock is now traded at around $136.80. The impact to a portfolio due to this purchase was 0.42%. The holding were 8,172 shares as of .

Iowa State Bank initiated holding in MetLife Inc. The purchase prices were between $43.71 and $50.92, with an estimated average price of $47.67. The stock is now traded at around $46.10. The impact to a portfolio due to this purchase was 0.33%. The holding were 18,382 shares as of .

Iowa State Bank initiated holding in Morgan Stanley. The purchase prices were between $39.1 and $45.74, with an estimated average price of $42.74. The stock is now traded at around $43.66. The impact to a portfolio due to this purchase was 0.32%. The holding were 19,841 shares as of .

Iowa State Bank initiated holding in International Business Machines Corp. The purchase prices were between $129.57 and $151.36, with an estimated average price of $141.02. The stock is now traded at around $134.09. The impact to a portfolio due to this purchase was 0.29%. The holding were 5,275 shares as of .

Iowa State Bank added to a holding in SPDR Barclays Convertible Securities ETF by 1019.98%. The purchase prices were between $22.7 and $24.77, with an estimated average price of $23.91. The stock is now traded at around $24.47. The impact to a portfolio due to this purchase was 1.16%. The holding were 139,325 shares as of .

Iowa State Bank added to a holding in U.S. Bancorp by 421.80%. The purchase prices were between $50.9 and $57.38, with an estimated average price of $54.01. The stock is now traded at around $55.07. The impact to a portfolio due to this purchase was 1.1%. The holding were 64,567 shares as of .

Iowa State Bank added to a holding in Dow Inc by 231.75%. The purchase prices were between $40.71 and $52.79, with an estimated average price of $46.79. The stock is now traded at around $47.96. The impact to a portfolio due to this purchase was 0.77%. The holding were 60,531 shares as of .

Iowa State Bank added to a holding in Caterpillar Inc by 338.45%. The purchase prices were between $113.38 and $139.64, with an estimated average price of $127.06. The stock is now traded at around $130.71. The impact to a portfolio due to this purchase was 0.7%. The holding were 18,906 shares as of .

Iowa State Bank added to a holding in Intel Corp by 28.58%. The purchase prices were between $44.96 and $53.01, with an estimated average price of $49.13. The stock is now traded at around $51.36. The impact to a portfolio due to this purchase was 0.46%. The holding were 104,758 shares as of .

Iowa State Bank added to a holding in Walgreens Boots Alliance Inc by 259.99%. The purchase prices were between $49.29 and $58.06, with an estimated average price of $53.58. The stock is now traded at around $55.30. The impact to a portfolio due to this purchase was 0.45%. The holding were 30,167 shares as of .

Iowa State Bank sold out a holding in DuPont de Nemours Inc. The sale prices were between $57.27 and $66.9, with an estimated average price of $63.11.

Iowa State Bank sold out a holding in National Oilwell Varco Inc. The sale prices were between $18.28 and $24.04, with an estimated average price of $21.32.