DMDV Stock Summary and Trading Ideas (Aam S&P Developed Markets High Dividend Value ETF | ARCA:DMDV)

The AAM S&P Developed Markets High Dividend Value ETF (NYSE:DMDV) is designed to provide current cash flow and adequate capital growth by targeting attractively valued developed international mid and large capitalization stocks that exhibit both a high dividend yield and sustainable dividend distribution characteristics. At the core of DMDV s low cost, tax-efficient, transparent approach are two key valuation indicators that aim to identify sustainable dividend paying stocks offering fundamental value.

Aam S&P Developed Markets High Dividend Value ETF trades on the ARCA stock market under the symbol DMDV.

As of April 16, 2024, DMDV stock price declined to $21.72 with 348 million shares trading.

DMDV has a market cap of $1.95 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, DMDV stock traded as high as $26.07 and as low as $17.25.

DMDV has underperformed the market in the last year with a price return of +3.4% while the SPY ETF gained +23.7%. DMDV has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -3.3% and -4.0%, respectively, while the SPY returned +6.0% and -3.6%, respectively.

DMDV support price is $21.71 and resistance is $22.15 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DMDV stock will trade within this expected range on the day.