NexPoint Diversified Real Estate Trust (NYSE:NXDT) Insider Purchases 53,486.08 in Stock

NexPoint Diversified Real Estate Trust (NYSE:NXDT) insider James D. Dondero bought 9,832 shares of NexPoint Diversified Real Estate Trust stock in a transaction dated Friday, June 28th. The stock was acquired at an average price of 5.44 per share, with a total value of 53,486.08. Following the acquisition, the insider now directly owns 258,025 shares of the company’s stock, valued at 1,403,656. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

NexPoint Diversified Real Estate Trust Price Performance

Shares of NXDT traded down 0.16 during mid-day trading on Monday, reaching 5.37. The company’s stock had a trading volume of 175,600 shares, compared to its average volume of 147,212. The business has a fifty day moving average of 5.52 and a 200 day moving average of 6.33. NexPoint Diversified Real Estate Trust has a 1 year low of 4.67 and a 1 year high of 13.07.

NexPoint Diversified Real Estate Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Wednesday, May 15th were issued a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 11.17%.

Institutional Trading of NexPoint Diversified Real Estate Trust

Hedge funds have recently modified their holdings of the business. TCW Group Inc. raised its holdings in shares of NexPoint Diversified Real Estate Trust by 1.3% during the fourth quarter. TCW Group Inc. now owns 210,039 shares of the company’s stock worth $1,670,000 after acquiring an additional 2,736 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of NexPoint Diversified Real Estate Trust by 29.5% during the fourth quarter. SG Americas Securities LLC now owns 17,402 shares of the company’s stock worth $138,000 after acquiring an additional 3,965 shares in the last quarter. Bulldog Investors LLP raised its holdings in shares of NexPoint Diversified Real Estate Trust by 2.3% during the fourth quarter. Bulldog Investors LLP now owns 177,868 shares of the company’s stock worth $1,414,000 after acquiring an additional 3,969 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in shares of NexPoint Diversified Real Estate Trust by 1.4% during the first quarter. Nations Financial Group Inc. IA ADV now owns 317,032 shares of the company’s stock worth $2,092,000 after acquiring an additional 4,298 shares in the last quarter. Finally, Baystate Wealth Management LLC purchased a new stake in shares of NexPoint Diversified Real Estate Trust during the fourth quarter worth $36,000.

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.