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I looked it up and found out, that it's an Armenian name for boys, meaning "Good tidings; favorable news" and being pronounced "AH veh dis".

Well, the database says it is masculine, so I'm assuming that means it is most commonly masculine.
Not sure how many Americans are named that, but I have never heard it before.
I don't know the real pronounciation but if I had to say it out loud I would probably stress that first syllable.