NexPoint Diversified Real Estate Trust (NYSE:NXDT) Insider James D. Dondero Purchases 1,000 Shares of Stock

NexPoint Diversified Real Estate Trust (NYSE:NXDT) insider James D. Dondero acquired 1,000 shares of the business’s stock in a transaction dated Tuesday, August 30th. The shares were bought at an average cost of 15.73 per share, for a total transaction of 15,730.00. Following the transaction, the insider now directly owns 4,141 shares of the company’s stock, valued at approximately 65,137.93. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

NexPoint Diversified Real Estate Trust Stock Performance

Shares of NYSE NXDT opened at 5.93 on Thursday. The stock’s 50-day moving average is 5.89 and its two-hundred day moving average is 5.84. NexPoint Diversified Real Estate Trust has a 1-year low of 4.67 and a 1-year high of 9.23.

NexPoint Diversified Real Estate Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, August 15th were issued a $0.15 dividend. The ex-dividend date was Thursday, August 15th. This represents a $0.60 annualized dividend and a yield of 10.12%.

Institutional Investors Weigh In On NexPoint Diversified Real Estate Trust

A number of large investors have recently modified their holdings of NXDT. SG Americas Securities LLC acquired a new position in NexPoint Diversified Real Estate Trust in the third quarter valued at $71,000. The Manufacturers Life Insurance Company lifted its holdings in shares of NexPoint Diversified Real Estate Trust by 24.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,733 shares of the company’s stock valued at $93,000 after purchasing an additional 3,258 shares during the last quarter. Leonard Rickey Investment Advisors P.L.L.C. acquired a new stake in shares of NexPoint Diversified Real Estate Trust in the 2nd quarter valued at about $105,000. BNP Paribas Financial Markets grew its stake in NexPoint Diversified Real Estate Trust by 79.2% during the 1st quarter. BNP Paribas Financial Markets now owns 16,067 shares of the company’s stock worth $106,000 after buying an additional 7,101 shares during the last quarter. Finally, AQR Capital Management LLC acquired a new position in NexPoint Diversified Real Estate Trust during the second quarter worth approximately $129,000.

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.