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

State Street Corp lifted its holdings in shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 8.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 658,882 shares of the company’s stock after buying an additional 49,772 shares during the quarter. State Street Corp’s holdings in NexPoint Diversified Real Estate Trust were worth $4,118,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of NXDT. FMR LLC lifted its stake in NexPoint Diversified Real Estate Trust by 15.6% in the third 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. The Manufacturers Life Insurance Company grew its holdings 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 buying an additional 3,258 shares during the period. Stonehill Capital Management LLC increased its position in shares of NexPoint Diversified Real Estate Trust by 1.7% in the 3rd quarter. Stonehill Capital Management LLC now owns 439,796 shares of the company’s stock valued at $2,749,000 after buying an additional 7,296 shares in the last quarter. First Foundation Advisors raised its stake in NexPoint Diversified Real Estate Trust by 20.6% during the 2nd quarter. First Foundation Advisors now owns 50,336 shares of the company’s stock worth $278,000 after buying an additional 8,614 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in NexPoint Diversified Real Estate Trust during the 3rd quarter worth $71,000.

NexPoint Diversified Real Estate Trust Price Performance

NYSE:NXDT opened at $6.16 on Tuesday. NexPoint Diversified Real Estate Trust has a 1 year low of $4.67 and a 1 year high of $8.17. The stock has a 50-day moving average price of $5.84 and a two-hundred day moving average price of $5.82.

NexPoint Diversified Real Estate Trust Announces Dividend

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

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.