Geode Capital Management LLC Has $5.50 Million Stock Holdings in NexPoint Diversified Real Estate Trust (NYSE:NXDT)

Geode Capital Management LLC boosted its position in shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 1.8% in the third quarter, Holdings Channel reports. The firm owned 879,684 shares of the company’s stock after purchasing an additional 15,507 shares during the period. Geode Capital Management LLC’s holdings in NexPoint Diversified Real Estate Trust were worth $5,500,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. State Street Corp increased its stake in NexPoint Diversified Real Estate Trust by 8.2% during the 3rd quarter. State Street Corp now owns 658,882 shares of the company’s stock worth $4,118,000 after purchasing an additional 49,772 shares in the last quarter. Stonehill Capital Management LLC grew its stake in shares of 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 in the last quarter. BOKF NA raised its holdings in shares of NexPoint Diversified Real Estate Trust by 4.0% in the second quarter. BOKF NA now owns 371,688 shares of the company’s stock valued at $2,055,000 after purchasing an additional 14,363 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its position in shares of NexPoint Diversified Real Estate Trust by 8.6% in the third quarter. Nations Financial Group Inc. IA ADV now owns 340,478 shares of the company’s stock worth $2,128,000 after purchasing an additional 26,851 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in NexPoint Diversified Real Estate Trust by 6.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 289,358 shares of the company’s stock worth $1,808,000 after purchasing an additional 17,194 shares during the last quarter.

NexPoint Diversified Real Estate Trust Trading Up 1.5 %

Shares of NXDT stock opened at $6.08 on Friday. The firm’s fifty day moving average price is $5.89 and its two-hundred day moving average price is $5.86. NexPoint Diversified Real Estate Trust has a 1 year low of $4.67 and a 1 year high of $7.70.

NexPoint Diversified Real Estate Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, November 15th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.60 annualized dividend and a yield of 9.87%.

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.