GDVD Stock Summary and Trading Ideas (R3 Global Dividend Growth ETF | ARCA:GDVD)

The Fund is an actively managed exchange-traded fund that, under normal circumstances, invests at least 80% of its net assets, plus any borrowings for investment purposes, in dividend-paying equity securities at the time of purchase. The Adviser uses quantitative screens (such as dividend yield, return on invested capital, free cash flow and revenue growth metrics), followed by qualitative, bottom-up research on an industry level and on a company level to identify companies it believes have the commitment and capacity to pay dividends and whose potential growth of capital is expected to be above average. Through this process, the Fund seeks an investment portfolio for investors that achieves capital appreciation, a growing dividend and a meaningful yield. Examples of securities in which the Fund invests include common stock, preferred stock, convertible stocks, rights, warrants and depositary receipts such as American Depositary Receipts, and European Depositary Receipts and Global Depositary Receipts, and real estate investment trusts.

R3 Global Dividend Growth ETF trades on the ARCA stock market under the symbol GDVD.

As of April 19, 2024, GDVD stock price climbed to $23.27 with 42,590 million shares trading.

GDVD has a market cap of $23.50 million. This is considered a Sub-Micro Cap stock.

GDVD has underperformed the market in the last year with a return of +2.7%, while the SPY ETF gained +21.2%. In the last 3 month period, GDVD fell short of the market, returning +1.8%, while SPY returned +4.3%. However, in the most recent 2 weeks GDVD has outperformed the stock market by returning -2.9%, while SPY returned -3.5%.

GDVD support price is $23.04 and resistance is $23.38 (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 GDVD stock will trade within this expected range on the day.