James D. Dondero Buys 24,828 Shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT) Stock

NexPoint Diversified Real Estate Trust (NYSE:NXDT) insider James D. Dondero bought 24,828 shares of the stock in a transaction on Wednesday, June 26th. The shares were acquired at an average price of 5.10 per share, with a total value of 126,622.80. Following the purchase, the insider now owns 232,649 shares of the company’s stock, valued at 1,186,509.90. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

NexPoint Diversified Real Estate Trust Trading Up 6.3 %

NXDT stock opened at 5.53 on Friday. NexPoint Diversified Real Estate Trust has a 1-year low of 4.67 and a 1-year high of 13.07. The firm has a fifty day moving average price of 5.52 and a two-hundred day moving average price of 6.35.

NexPoint Diversified Real Estate Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Wednesday, May 15th were paid a dividend of $0.15 per share. The ex-dividend date was Tuesday, May 14th. This represents a $0.60 annualized dividend and a yield of 10.85%.

Institutional Trading of NexPoint Diversified Real Estate Trust

Several institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in NexPoint Diversified Real Estate Trust by 4.5% during the first quarter. Vanguard Group Inc. now owns 3,419,983 shares of the company’s stock valued at $22,572,000 after purchasing an additional 146,102 shares during the last quarter. Matisse Capital boosted its holdings in shares of NexPoint Diversified Real Estate Trust by 57.3% during the first quarter. Matisse Capital now owns 410,542 shares of the company’s stock valued at $2,710,000 after acquiring an additional 149,530 shares during the period. Camelot Portfolios LLC boosted its holdings in shares of NexPoint Diversified Real Estate Trust by 42.0% during the fourth quarter. Camelot Portfolios LLC now owns 367,926 shares of the company’s stock valued at $2,925,000 after acquiring an additional 108,778 shares during the period. BOKF NA boosted its holdings in shares of 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 acquiring an additional 4,739 shares during the period. Finally, Nations Financial Group Inc. IA ADV boosted its holdings in shares of NexPoint Diversified Real Estate Trust by 1.4% during the first quarter. Nations Financial Group Inc. IA ADV now owns 317,032 shares of the company’s stock valued at $2,092,000 after acquiring an additional 4,298 shares during the period.

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.