True North Advisors’s Victory Portfolios II VictoryShares Short-Term Bond ETF USTB Stock Holding History

True North Advisors’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
2025 Q4	–	Sell	-5,074	Closed	-$259K	–	274
2025 Q3	$259K	Buy	+5,074	New	+$258K	0.04%	192

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

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

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

AWA

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

SFGP

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

CAL

Capital Analysts LLC Fort Washington, Pennsylvania $3.81B AUM 15.52% 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

True North Advisors's USTB Position: Q4 2025 in Review

True North Advisors sold out of Victory Portfolios II VictoryShares Short-Term Bond ETF (USTB) in Q4 2025, closing a stake of 5,074 shares — an estimated $259K sold.

True North Advisors first reported a position in USTB in Q3 2025 and held it in 1 quarter. The position peaked at $259K in Q3 2025. 133 funds tracked by Wall St. Rank hold USTB as of Q4 2025.

True North Advisors reported no remaining Victory Portfolios II VictoryShares Short-Term Bond ETF position as of Q4 2025 after selling out during the quarter.
True North Advisors sold 5,074 Victory Portfolios II VictoryShares Short-Term Bond ETF shares in Q4 2025, an estimated $259K.
True North Advisors first reported a position in Victory Portfolios II VictoryShares Short-Term Bond ETF in Q3 2025 and held it in 1 quarter.
True North Advisors's Victory Portfolios II VictoryShares Short-Term Bond ETF position peaked at $259K in Q3 2025.
133 funds tracked by Wall St. Rank held Victory Portfolios II VictoryShares Short-Term Bond ETF as of Q4 2025.

Based on True North Advisors's 13F filing for Q4 2025, filed 22 Jan 2026.