Roundhill Investments - AVGO WeeklyPay ETF
AVGW
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 154 West 14th Street, 2nd Floor New York NY United States of America 10011
- IPO Date
- Jul 24, 2025
- Website
- roundhillinvestments.com
- Similar Companies
- Business
- Roundhill AVGO WeeklyPay ETF (AVGW) is an actively managed exchange-traded fund that seeks to deliver weekly distributions to shareholders and enhanced exposure equivalent to 120% of the calendar week price return of Broadcom Inc. (AVGO) common stock, prior to fees and expenses; the fund achieves this objective primarily through investments in total return swaps referencing AVGO, direct holdings of AVGO shares, short-term U.S. Treasurys, and money market funds for collateral. AVGWs core offerings include weekly income payments derived from swap premiums and option strategies, amplified single-stock leverage on AVGO's weekly performance in the information technology sector, and a high dividend yield exceeding 13%, positioning it as a tactical tool for investors targeting recurring payouts combined with growth potential from a leading semiconductor designer. Launched on July 24, 2025, as part of Roundhill Investments' expanding WeeklyPay ETF suite—which grew to fifteen funds by July 2025 encompassing popular stocks such as AAPL, AMD, AMZN, and NVDA—AVGW represents a key addition amid the firm's strategy to innovate in single-stock leveraged income products. The fund operates with a 0.99% expense ratio, assets under management of approximately $36 million, and trades on the Cboe BZX exchange, serving retail and institutional investors focused on high-conviction equity exposure with income. Roundhill Investments, the SEC-registered advisor sponsoring AVGW, was founded in 2018 and maintains headquarters in New York, New York, with geographic operations centered in the United States financial markets.