@fliptswitch,
It looks as if it were moved about and the edges smoothed a bit. So, Its an ancient rock. (Iowa has scolitus tubes in rocks lenses but as I recall, the biggest deposit re in the North nd are of Silurian age. Scolithes are, as a group, not a fossil that we use for any age determination since it s found throughout the Paleozoic rocks.
It may be (Im just guessing here) that the chert is a glacial erratic (it was dragged or "rafted" on glacial ice cubes or left in a morine. The Nbraskan/ Illinoian advnces did make it to Iowa (Actually three of the four big ice advances covered Iowa so glacil erratics and rafted rocks are quite common along with wind deposited soils that ajoined glacier paths