Is GGOV your preferred ETF for Treasury Bonds?

Hi Sidney,

An ETF like GGOV has market makers making the market. The liquidity in the screen is but a fraction of the liquidity available – which is as liquid as the underlying securities held in the portfolio. When dealing in larger volume trades, a broker can laisse with a market maker and facilitate liquidity.

The cash flow report shows cash flows, it’s not a P&L statement. Cash flow refers to the net balance of cash moving into and out of a business at a specific point in time. In the recent 4C for DRO, it shows $1.8m went out the door from operational activities in the quarter – that’s the important number to keep a watch on. They had roughly $10m cash at the start of the quarter, so if they did not raise money, they would have about 1 years’ worth of cash on that run rate before they close the doors.

However, they did raise $40m in fresh equity so now their cash balance sits at $45m. DRO is not profitable, more cash going out than coming in (from operations) is a good indicator of this.

chart

BetaShares Treasury Bond +20-year ETF (GGOV)

LAST UPDATED 05/05/2023 12:15

Close

chart

BetaShares Treasury Bond +20-year ETF (GGOV)

LAST UPDATED 05/05/2023 12:15