Vanguard Group Inc. boosted its stake in shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT – Free Report) by 4.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,419,983 shares of the company’s stock after purchasing an additional 146,102 shares during the period. Vanguard Group Inc.’s holdings in NexPoint Diversified Real Estate Trust were worth $22,572,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of the stock. TCW Group Inc. boosted its position in NexPoint Diversified Real Estate Trust by 1.3% during the fourth quarter. TCW Group Inc. now owns 210,039 shares of the company’s stock valued at $1,670,000 after purchasing an additional 2,736 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of NexPoint Diversified Real Estate Trust by 29.5% in the fourth quarter. SG Americas Securities LLC now owns 17,402 shares of the company’s stock valued at $138,000 after buying an additional 3,965 shares during the last quarter. Bulldog Investors LLP lifted its position in shares of NexPoint Diversified Real Estate Trust by 2.3% in the fourth quarter. Bulldog Investors LLP now owns 177,868 shares of the company’s stock valued at $1,414,000 after buying an additional 3,969 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its position in shares of NexPoint Diversified Real Estate Trust by 1.4% in the first quarter. Nations Financial Group Inc. IA ADV now owns 317,032 shares of the company’s stock valued at $2,092,000 after buying an additional 4,298 shares during the last quarter. Finally, Baystate Wealth Management LLC acquired a new stake in shares of NexPoint Diversified Real Estate Trust in the fourth quarter valued at approximately $36,000.
NexPoint Diversified Real Estate Trust Price Performance
NXDT opened at 5.73 on Friday. The business has a 50 day moving average of 5.60 and a 200-day moving average of 6.02. NexPoint Diversified Real Estate Trust has a 12-month low of 4.67 and a 12-month high of 11.67.
NexPoint Diversified Real Estate Trust Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Thursday, August 15th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.47%.
Insider Transactions at NexPoint Diversified Real Estate Trust
In other news, insider Matt Mcgraner bought 15,000 shares of the company’s stock in a transaction dated Monday, July 8th. The stock was bought at an average cost of 5.37 per share, for a total transaction of 80,550.00. Following the completion of the acquisition, the insider now owns 80,386 shares in the company, valued at approximately 431,672.82. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, insider Matt Mcgraner bought 15,000 shares of the company’s stock in a transaction dated Monday, July 8th. The stock was bought at an average cost of 5.37 per share, for a total transaction of 80,550.00. Following the completion of the acquisition, the insider now owns 80,386 shares in the company, valued at approximately 431,672.82. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider James D. Dondero bought 24,828 shares of the company’s stock in a transaction dated Wednesday, June 26th. The shares were purchased at an average price of 5.10 per share, with a total value of 126,622.80. Following the completion of the acquisition, the insider now owns 232,649 shares of the company’s stock, valued at approximately 1,186,509.90. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 90,016 shares of company stock worth $480,132.
NexPoint Diversified Real Estate Trust Company Profile
NexPoint Diversified Real Estate Trust (NXDT) is an externally advised diversified real estate investment trust (REIT), with its shares of common stock and 5.50% Series A Cumulative Preferred Shares listed on the New York Stock Exchange under the symbols NXDT and NXDT-PA, respectively. As a diversified REIT, NXDT’s primary investment objective is to provide both current income and capital appreciation.
Further Reading
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