NexPoint Diversified Real Estate Trust (NYSE:NXDT) Stock Holdings Boosted by Rhumbline Advisers

Rhumbline Advisers grew its position in shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 12.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 46,554 shares of the company’s stock after purchasing an additional 5,037 shares during the quarter. Rhumbline Advisers’ holdings in NexPoint Diversified Real Estate Trust were worth $284,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of NXDT. Peapod Lane Capital LLC acquired a new position in NexPoint Diversified Real Estate Trust during the fourth quarter worth about $332,000. Matisse Capital boosted its position in shares of NexPoint Diversified Real Estate Trust by 2.7% during the 4th quarter. Matisse Capital now owns 528,949 shares of the company’s stock valued at $3,227,000 after purchasing an additional 13,745 shares in the last quarter. Burford Brothers Inc. grew its stake in shares of NexPoint Diversified Real Estate Trust by 3.5% in the 4th quarter. Burford Brothers Inc. now owns 120,136 shares of the company’s stock worth $733,000 after purchasing an additional 4,066 shares during the last quarter. SG Americas Securities LLC grew its stake in shares of NexPoint Diversified Real Estate Trust by 24.7% in the 4th quarter. SG Americas Securities LLC now owns 14,185 shares of the company’s stock worth $87,000 after purchasing an additional 2,814 shares during the last quarter. Finally, Sovereign Financial Group Inc. raised its holdings in shares of NexPoint Diversified Real Estate Trust by 71.7% in the 4th quarter. Sovereign Financial Group Inc. now owns 35,900 shares of the company’s stock worth $219,000 after purchasing an additional 14,994 shares in the last quarter.

NexPoint Diversified Real Estate Trust Stock Performance

Shares of NYSE:NXDT opened at $4.54 on Monday. NexPoint Diversified Real Estate Trust has a 1-year low of $4.45 and a 1-year high of $7.60. The company has a 50 day moving average price of $5.35 and a 200 day moving average price of $5.71.

NexPoint Diversified Real Estate Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 13.22%. The ex-dividend date of this dividend is Friday, February 28th.

NexPoint Diversified Real Estate Trust 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.