Geode Capital Management LLC Buys 15,507 Shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT)

Geode Capital Management LLC lifted its holdings in NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 1.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 879,684 shares of the company’s stock after purchasing an additional 15,507 shares during the period. Geode Capital Management LLC’s holdings in NexPoint Diversified Real Estate Trust were worth $5,500,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. FMR LLC boosted its stake in NexPoint Diversified Real Estate Trust by 15.6% during the third quarter. FMR LLC now owns 16,627 shares of the company’s stock worth $104,000 after buying an additional 2,250 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in NexPoint Diversified Real Estate Trust by 24.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,733 shares of the company’s stock worth $93,000 after acquiring an additional 3,258 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its stake in shares of NexPoint Diversified Real Estate Trust by 33.4% in the third quarter. Nomura Asset Management Co. Ltd. now owns 47,707 shares of the company’s stock valued at $298,000 after buying an additional 11,934 shares in the last quarter. First Foundation Advisors raised 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 acquiring an additional 8,614 shares during the last quarter. Finally, State Street Corp lifted its holdings in NexPoint Diversified Real Estate Trust by 8.2% during the 3rd quarter. State Street Corp now owns 658,882 shares of the company’s stock worth $4,118,000 after buying an additional 49,772 shares in the last quarter.

NexPoint Diversified Real Estate Trust Trading Up 1.5 %

Shares of NXDT stock opened at $6.08 on Friday. NexPoint Diversified Real Estate Trust has a 12 month low of $4.67 and a 12 month high of $7.70. The stock has a 50-day moving average price of $5.89 and a 200 day moving average price of $5.86.

NexPoint Diversified Real Estate Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, November 15th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 9.87%. The ex-dividend date was Friday, November 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.