Northwestern Mutual Wealth Management’s Victory Portfolios II VictoryShares Short-Term Bond ETF USTB Stock Holding History

Northwestern Mutual Wealth Management’s Portfolio USTB Stock Details USTB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$132K	Buy	2,602 +2,361	+980%	+$120K	﹤0.01%	2067
2025 Q4	$12.3K	Hold	241	–	–	﹤0.01%	2918
2025 Q3	$12.3K	Buy	+241	New	+$12.2K	﹤0.01%	2837
2022 Q3	–	Sell	-737	Closed	-$36K	–	3417
2022 Q2	$36K	Buy	+737	New	+$36.4K	﹤0.01%	2025
2020 Q3	–	Sell	-53	Closed	-$3K	–	2685
2020 Q2	$3K	Buy	+53	New	+$2.68K	﹤0.01%	2178

Other funds holding USTB

Victory Capital Management San Antonio, Texas $156B AUM 27.51% 1-Year Est. Return

MFG

Merit Financial Group Alpharetta, Georgia $16.4B AUM 25.17% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

SWM

SHP Wealth Management Plymouth, Massachusetts $1.33B AUM

SFGP

Stonebridge Financial Group (Pennsylvania) Wormleysburg, Pennsylvania $1.32B AUM 23.07% 1-Year Est. Return

AWA

Amplius Wealth Advisors Blue Bell, Pennsylvania $1.36B AUM 18.99% 1-Year Est. Return

BWS

Broadway Wealth Solutions San Antonio, Texas $214M AUM 16.06% 1-Year Est. Return

MAM

Marquette Asset Management Minneapolis, Minnesota $779M AUM 23.4% 1-Year Est. Return

Northwestern Mutual Wealth Management's USTB Position: Q1 2026 in Review

Northwestern Mutual Wealth Management increased its Victory Portfolios II VictoryShares Short-Term Bond ETF (USTB) stake by 980% in Q1 2026, buying an estimated $120K and bringing the position to 2,602 shares worth $132K. The position accounts for ﹤0.01% of the portfolio, ranked #2067.

Northwestern Mutual Wealth Management first reported a position in USTB in Q2 2020 and has held it in 5 quarters since. 141 funds tracked by Wall St. Rank hold USTB as of Q1 2026.

Northwestern Mutual Wealth Management held 2,602 shares of Victory Portfolios II VictoryShares Short-Term Bond ETF worth $132K as of Q1 2026.
Northwestern Mutual Wealth Management bought 2,361 Victory Portfolios II VictoryShares Short-Term Bond ETF shares in Q1 2026, an estimated $120K.
Victory Portfolios II VictoryShares Short-Term Bond ETF made up ﹤0.01% of Northwestern Mutual Wealth Management's portfolio in Q1 2026, its #2067 holding.
Northwestern Mutual Wealth Management first reported a position in Victory Portfolios II VictoryShares Short-Term Bond ETF in Q2 2020 and has held it in 5 quarters since.
141 funds tracked by Wall St. Rank held Victory Portfolios II VictoryShares Short-Term Bond ETF as of Q1 2026.

Based on Northwestern Mutual Wealth Management's 13F filing for Q1 2026, filed 7 May 2026.