AQR Capital Management LLC Takes $129,000 Position in NexPoint Diversified Real Estate Trust (NYSE:NXDT)

AQR Capital Management LLC acquired a new stake in NexPoint Diversified Real Estate Trust (NYSE:NXDT) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 23,294 shares of the company’s stock, valued at approximately $129,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Sumitomo Mitsui Trust Holdings Inc. lifted its stake in NexPoint Diversified Real Estate Trust by 6.0% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 35,238 shares of the company’s stock valued at $195,000 after purchasing an additional 1,982 shares during the last quarter. BOKF NA lifted its stake in NexPoint Diversified Real Estate Trust by 1.3% during the first quarter. BOKF NA now owns 357,325 shares of the company’s stock valued at $2,212,000 after purchasing an additional 4,739 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in NexPoint Diversified Real Estate Trust by 79.2% during the first quarter. BNP Paribas Financial Markets now owns 16,067 shares of the company’s stock valued at $106,000 after purchasing an additional 7,101 shares during the last quarter. First Foundation Advisors lifted its stake in NexPoint Diversified Real Estate Trust by 20.6% during the second quarter. First Foundation Advisors now owns 50,336 shares of the company’s stock valued at $278,000 after purchasing an additional 8,614 shares during the last quarter. Finally, Nisa Investment Advisors LLC lifted its stake in NexPoint Diversified Real Estate Trust by 94.4% during the second quarter. Nisa Investment Advisors LLC now owns 27,243 shares of the company’s stock valued at $151,000 after purchasing an additional 13,228 shares during the last quarter.

NexPoint Diversified Real Estate Trust Price Performance

NXDT stock opened at 5.87 on Friday. NexPoint Diversified Real Estate Trust has a 12 month low of 4.67 and a 12 month high of 9.23. The firm has a 50 day simple moving average of 5.92 and a 200 day simple moving average of 5.82.

NexPoint Diversified Real Estate Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, August 15th were given a $0.15 dividend. The ex-dividend date was Thursday, August 15th. This represents a $0.60 annualized dividend and a dividend yield of 10.22%.

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.