Renaissance Technologies LLC purchased a new position in NexPoint Diversified Real Estate Trust (NYSE:NXDT – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 132,063 shares of the company’s stock, valued at approximately $730,000.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in NXDT. Vanguard Group Inc. boosted its holdings in shares of 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 acquiring an additional 146,102 shares during the period. Bulldog Investors LLP raised its stake in NexPoint Diversified Real Estate Trust by 2.3% during the 4th quarter. Bulldog Investors LLP now owns 177,868 shares of the company’s stock valued at $1,414,000 after acquiring an additional 3,969 shares in the last quarter. BOKF NA boosted its position in NexPoint Diversified Real Estate Trust by 1.3% during the 1st quarter. BOKF NA now owns 357,325 shares of the company’s stock worth $2,212,000 after acquiring an additional 4,739 shares during the period. First Foundation Advisors grew its stake in shares of NexPoint Diversified Real Estate Trust by 20.6% in the second quarter. First Foundation Advisors now owns 50,336 shares of the company’s stock worth $278,000 after purchasing an additional 8,614 shares in the last quarter. Finally, 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 valued at $106,000 after purchasing an additional 7,101 shares during the period.
NexPoint Diversified Real Estate Trust Stock Performance
Shares of NYSE NXDT opened at 5.91 on Wednesday. The firm’s 50-day simple moving average is 5.90 and its 200 day simple moving average is 5.84. NexPoint Diversified Real Estate Trust has a fifty-two week low of 4.67 and a fifty-two week high of 9.23.
NexPoint Diversified Real Estate Trust Announces Dividend
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.
Recommended Stories
- Five stocks we like better than NexPoint Diversified Real Estate Trust
- Find and Profitably Trade Stocks at 52-Week Lows
- NVIDIA’s AI Dominance: Why Analysts Predict Major Upside Ahead
- Retail Stocks Investing, Explained
- These Stocks Are Using Buybacks to Unlock Big Gains for Investors
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- This Is the Entry Into PepsiCo You’ve Been Waiting For
Receive News & Ratings for NexPoint Diversified Real Estate Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NexPoint Diversified Real Estate Trust and related companies with MarketBeat.com's FREE daily email newsletter.