Not found before the 1920s, and not common until the 1940s, but increasingly popular since, being borne, for example, by the American actress Cheryl Ladd (b. 1951). It appears to be a blend of Cherry and Beryl.
Irish (Cork): Anglicized form of Gaelic Ó Buadhaigh ‘descendant of Buadhach’, a personal name meaning ‘victorious’. (The British name Boudicca or Boadicea, borne by the Queen of the Iceni who in AD 62 led a revolt against the Roman occupation of her country, is a cognate.)