NexPoint Diversified Real Estate Trust (NYSE:NXDT) Shares Sold by Marquette Asset Management LLC

Marquette Asset Management LLC reduced its stake in shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 72.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 7,899 shares of the company’s stock after selling 20,824 shares during the period. Marquette Asset Management LLC’s holdings in NexPoint Diversified Real Estate Trust were worth $48,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the stock. FMR LLC boosted 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 buying an additional 2,250 shares during the period. The Manufacturers Life Insurance Company raised its stake in NexPoint Diversified Real Estate Trust by 24.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,733 shares of the company’s stock valued at $93,000 after acquiring an additional 3,258 shares in the last quarter. Stonehill Capital Management LLC boosted its position in NexPoint Diversified Real Estate Trust by 1.7% during the 3rd quarter. Stonehill Capital Management LLC now owns 439,796 shares of the company’s stock worth $2,749,000 after acquiring an additional 7,296 shares during the period. SG Americas Securities LLC bought a new position in shares of NexPoint Diversified Real Estate Trust in the third quarter worth $71,000. Finally, Nomura Asset Management Co. Ltd. increased its holdings in shares of NexPoint Diversified Real Estate Trust by 33.4% during the third quarter. Nomura Asset Management Co. Ltd. now owns 47,707 shares of the company’s stock valued at $298,000 after purchasing an additional 11,934 shares during the period.

NexPoint Diversified Real Estate Trust Stock Performance

Shares of NYSE NXDT opened at $5.40 on Wednesday. The firm’s 50-day simple moving average is $5.91 and its 200 day simple moving average is $5.89. NexPoint Diversified Real Estate Trust has a fifty-two week low of $4.67 and a fifty-two week high of $7.60.

NexPoint Diversified Real Estate Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, November 15th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 11.11%. The ex-dividend date of this dividend was Friday, November 15th.

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.