NexPoint Diversified Real Estate Trust (NYSE:NXDT) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp trimmed its holdings in NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 3.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 125,107 shares of the company’s stock after selling 4,324 shares during the quarter. Bank of New York Mellon Corp’s holdings in NexPoint Diversified Real Estate Trust were worth $763,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in NXDT. FMR LLC grew its stake in NexPoint Diversified Real Estate Trust by 15.6% during the 3rd quarter. FMR LLC now owns 16,627 shares of the company’s stock worth $104,000 after buying an additional 2,250 shares during the last quarter. SG Americas Securities LLC boosted its holdings in shares of NexPoint Diversified Real Estate Trust by 24.7% in the fourth quarter. SG Americas Securities LLC now owns 14,185 shares of the company’s stock valued at $87,000 after acquiring an additional 2,814 shares during the period. Burford Brothers Inc. grew its position in shares of NexPoint Diversified Real Estate Trust by 3.5% during the fourth quarter. Burford Brothers Inc. now owns 120,136 shares of the company’s stock worth $733,000 after acquiring an additional 4,066 shares during the last quarter. Rhumbline Advisers increased its holdings in shares of NexPoint Diversified Real Estate Trust by 12.1% in the 4th quarter. Rhumbline Advisers now owns 46,554 shares of the company’s stock valued at $284,000 after acquiring an additional 5,037 shares during the period. Finally, Stonehill Capital Management LLC increased its holdings 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 acquiring an additional 7,296 shares during the period.

NexPoint Diversified Real Estate Trust Price Performance

Shares of NexPoint Diversified Real Estate Trust stock opened at $4.03 on Thursday. The company’s fifty day moving average is $4.92 and its two-hundred day moving average is $5.56. NexPoint Diversified Real Estate Trust has a 1 year low of $3.45 and a 1 year high of $7.60.

NexPoint Diversified Real Estate Trust Dividend Announcement

The company also recently declared 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. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 14.89%.

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.