Concorde Asset Management LLC Has $739,000 Stake in NexPoint Diversified Real Estate Trust (NYSE:NXDT)

Concorde Asset Management LLC grew its position in NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 70.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 133,713 shares of the company’s stock after buying an additional 55,091 shares during the quarter. Concorde Asset Management LLC’s holdings in NexPoint Diversified Real Estate Trust were worth $739,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Leonard Rickey Investment Advisors P.L.L.C. bought a new stake in shares of NexPoint Diversified Real Estate Trust during the 2nd quarter valued at approximately $105,000. BNP Paribas Financial Markets increased its holdings in shares of 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 worth $106,000 after buying an additional 7,101 shares in the last quarter. Nisa Investment Advisors LLC grew its position in NexPoint Diversified Real Estate Trust by 94.4% during the 2nd quarter. Nisa Investment Advisors LLC now owns 27,243 shares of the company’s stock worth $151,000 after acquiring an additional 13,228 shares during the last quarter. Jump Financial LLC acquired a new position in NexPoint Diversified Real Estate Trust in the 4th quarter worth about $174,000. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its position in NexPoint Diversified Real Estate Trust by 6.0% in 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.

Insider Buying and Selling at NexPoint Diversified Real Estate Trust

In related news, insider Matt Mcgraner acquired 15,000 shares of the stock in a transaction dated Monday, July 8th. The stock was bought at an average cost of 5.37 per share, for a total transaction of 80,550.00. Following the completion of the transaction, the insider now directly owns 80,386 shares of the company’s stock, valued at 431,672.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Matt Mcgraner bought 15,000 shares of the stock in a transaction that occurred on Monday, July 8th. The stock was acquired at an average price of 5.37 per share, with a total value of 80,550.00. Following the completion of the purchase, the insider now directly owns 80,386 shares of the company’s stock, valued at 431,672.82. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider James D. Dondero bought 9,832 shares of the company’s stock in a transaction that occurred on Friday, June 28th. The stock was purchased at an average price of 5.44 per share, for a total transaction of 53,486.08. Following the acquisition, the insider now owns 258,025 shares of the company’s stock, valued at 1,403,656. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 73,744 shares of company stock worth $379,896.

NexPoint Diversified Real Estate Trust Stock Down 0.8 %

NexPoint Diversified Real Estate Trust stock opened at 6.30 on Thursday. NexPoint Diversified Real Estate Trust has a 1 year low of 4.67 and a 1 year high of 9.31. The business has a 50 day moving average of 5.94 and a 200-day moving average of 5.84.

NexPoint Diversified Real Estate Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Thursday, August 15th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 9.52%. The ex-dividend date is Thursday, August 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.