State Street Corp Buys 49,772 Shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT)

State Street Corp increased its stake in shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 8.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 658,882 shares of the company’s stock after acquiring an additional 49,772 shares during the period. State Street Corp’s holdings in NexPoint Diversified Real Estate Trust were worth $4,118,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of NXDT. SG Americas Securities LLC acquired a new stake in NexPoint Diversified Real Estate Trust in the third quarter valued at $71,000. FMR LLC raised its holdings in shares of NexPoint Diversified Real Estate Trust by 15.6% in the 3rd quarter. FMR LLC now owns 16,627 shares of the company’s stock valued at $104,000 after purchasing an additional 2,250 shares during the period. The Manufacturers Life Insurance Company lifted its stake in 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. Sovereign Financial Group Inc. bought a new position in NexPoint Diversified Real Estate Trust during the third quarter worth about $131,000. Finally, AQR Capital Management LLC acquired a new position in NexPoint Diversified Real Estate Trust during the second quarter worth approximately $129,000.

NexPoint Diversified Real Estate Trust Stock Performance

NYSE:NXDT opened at $6.16 on Tuesday. NexPoint Diversified Real Estate Trust has a 12-month low of $4.67 and a 12-month high of $8.17. The stock’s 50 day moving average price is $5.84 and its two-hundred day moving average price is $5.82.

NexPoint Diversified Real Estate Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, November 15th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 9.74%. The ex-dividend date of this dividend is Friday, November 15th.

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.