NexPoint Diversified Real Estate Trust (NYSE:NXDT) Shares Sold by Capital Investment Advisors LLC

Capital Investment Advisors LLC lessened its holdings in NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 9.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 29,353 shares of the company’s stock after selling 2,940 shares during the period. Capital Investment Advisors LLC’s holdings in NexPoint Diversified Real Estate Trust were worth $179,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of NXDT. FMR LLC raised its holdings in 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 buying an additional 2,250 shares during the period. Geode Capital Management LLC increased its position in shares of NexPoint Diversified Real Estate Trust by 1.8% during the third quarter. Geode Capital Management LLC now owns 879,684 shares of the company’s stock valued at $5,500,000 after acquiring an additional 15,507 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake 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 acquiring an additional 3,258 shares during the period. Nomura Asset Management Co. Ltd. lifted its holdings in shares of NexPoint Diversified Real Estate Trust by 33.4% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 47,707 shares of the company’s stock worth $298,000 after acquiring an additional 11,934 shares during the last quarter. Finally, Barclays PLC boosted its position in shares of NexPoint Diversified Real Estate Trust by 237.8% during the 3rd quarter. Barclays PLC now owns 45,072 shares of the company’s stock worth $281,000 after purchasing an additional 31,731 shares during the period.

NexPoint Diversified Real Estate Trust Trading Up 1.3 %

NexPoint Diversified Real Estate Trust stock opened at $5.57 on Friday. The firm has a 50 day moving average price of $5.89 and a 200 day moving average price of $5.89. NexPoint Diversified Real Estate Trust has a fifty-two week low of $4.67 and a fifty-two week high of $7.60.

NexPoint Diversified Real Estate Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, November 15th were issued a $0.15 dividend. The ex-dividend date was Friday, November 15th. This represents a $0.60 annualized dividend and a dividend yield of 10.77%.

NexPoint Diversified Real Estate Trust 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.