James D. Dondero Purchases 9,832 Shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT) Stock

NexPoint Diversified Real Estate Trust (NYSE:NXDT) insider James D. Dondero acquired 9,832 shares of the firm’s stock in a transaction dated Friday, June 28th. The stock was bought at an average price of 5.44 per share, for a total transaction of 53,486.08. Following the acquisition, the insider now owns 258,025 shares of the company’s stock, valued at approximately 1,403,656. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

NexPoint Diversified Real Estate Trust Trading Down 0.2 %

NXDT opened at 5.36 on Wednesday. The business’s 50-day moving average price is 5.47 and its 200-day moving average price is 6.29. NexPoint Diversified Real Estate Trust has a 12 month low of 4.67 and a 12 month high of 13.07.

NexPoint Diversified Real Estate Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Wednesday, May 15th were paid a $0.15 dividend. The ex-dividend date was Tuesday, May 14th. This represents a $0.60 annualized dividend and a dividend yield of 11.19%.

Institutional Trading of NexPoint Diversified Real Estate Trust

Several large investors have recently modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of NexPoint Diversified Real Estate Trust by 4.5% in the first quarter. Vanguard Group Inc. now owns 3,419,983 shares of the company’s stock worth $22,572,000 after purchasing an additional 146,102 shares during the last quarter. Matisse Capital grew its stake in shares of NexPoint Diversified Real Estate Trust by 57.3% in the first quarter. Matisse Capital now owns 410,542 shares of the company’s stock worth $2,710,000 after purchasing an additional 149,530 shares during the last quarter. Camelot Portfolios LLC grew its stake in shares of NexPoint Diversified Real Estate Trust by 42.0% in the fourth quarter. Camelot Portfolios LLC now owns 367,926 shares of the company’s stock worth $2,925,000 after purchasing an additional 108,778 shares during the last quarter. BOKF NA grew its stake in shares of NexPoint Diversified Real Estate Trust by 1.3% in the first quarter. BOKF NA now owns 357,325 shares of the company’s stock worth $2,212,000 after purchasing an additional 4,739 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV grew its stake 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 worth $2,092,000 after purchasing an additional 4,298 shares during the last quarter.

About NexPoint Diversified Real Estate Trust

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.