Jane Street Group LLC Cuts Stake in NexPoint Diversified Real Estate Trust (NYSE:NXDT)

Jane Street Group LLC lessened its stake in NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 43.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,209 shares of the company’s stock after selling 13,459 shares during the quarter. Jane Street Group LLC’s holdings in NexPoint Diversified Real Estate Trust were worth $108,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Renaissance Technologies LLC purchased a new position in NexPoint Diversified Real Estate Trust in the second quarter worth about $730,000. Concorde Asset Management LLC increased its position in shares of NexPoint Diversified Real Estate Trust by 81.6% during the third quarter. Concorde Asset Management LLC now owns 242,863 shares of the company’s stock valued at $1,518,000 after acquiring an additional 109,150 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in NexPoint Diversified Real Estate Trust by 77.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 159,336 shares of the company’s stock worth $881,000 after acquiring an additional 69,796 shares during the last quarter. State Street Corp lifted its position in NexPoint Diversified Real Estate Trust by 8.2% in the 3rd quarter. State Street Corp now owns 658,882 shares of the company’s stock valued at $4,118,000 after acquiring an additional 49,772 shares in the last quarter. Finally, Oppenheimer & Co. Inc. boosted its stake in NexPoint Diversified Real Estate Trust by 15.1% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 255,812 shares of the company’s stock valued at $1,599,000 after purchasing an additional 33,480 shares during the last quarter.

NexPoint Diversified Real Estate Trust Stock Performance

NXDT stock opened at $5.40 on Wednesday. NexPoint Diversified Real Estate Trust has a 1-year low of $4.67 and a 1-year high of $7.60. The business has a fifty day moving average price of $5.91 and a 200-day moving average price of $5.89.

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 given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 11.11%. The ex-dividend date of this dividend was Friday, November 15th.

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.