28,206 Shares in NexPoint Diversified Real Estate Trust (NYSE:NXDT) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new stake in shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 28,206 shares of the company’s stock, valued at approximately $172,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Virtu Financial LLC bought a new position in shares of NexPoint Diversified Real Estate Trust in the third quarter valued at $85,000. SG Americas Securities LLC raised its position in shares of NexPoint Diversified Real Estate Trust by 24.7% during the fourth 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 period. FMR LLC raised its position in shares of 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 purchasing an additional 2,250 shares during the period. Quantinno Capital Management LP lifted its holdings in shares of NexPoint Diversified Real Estate Trust by 76.1% during the third quarter. Quantinno Capital Management LP now owns 27,768 shares of the company’s stock valued at $174,000 after purchasing an additional 11,998 shares during the last quarter. Finally, Sovereign Financial Group Inc. boosted its position 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 valued at $219,000 after purchasing an additional 14,994 shares during the period.

NexPoint Diversified Real Estate Trust Stock Performance

NYSE NXDT opened at $3.95 on Friday. NexPoint Diversified Real Estate Trust has a 1 year low of $3.45 and a 1 year high of $7.60. The stock’s 50-day moving average price is $4.89 and its two-hundred day moving average price is $5.55.

NexPoint Diversified Real Estate Trust Announces Dividend

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 issued 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 15.19%.

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.