Proficio Capital Partners LLC Acquires New Holdings in NexPoint Diversified Real Estate Trust (NYSE:NXDT)

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

Several other large investors have also modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its holdings in NexPoint Diversified Real Estate Trust by 2.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 296,214 shares of the company’s stock valued at $1,807,000 after acquiring an additional 6,856 shares during the period. Oppenheimer & Co. Inc. boosted its stake in NexPoint Diversified Real Estate Trust by 5.5% during the 4th quarter. Oppenheimer & Co. Inc. now owns 269,938 shares of the company’s stock valued at $1,647,000 after purchasing an additional 14,126 shares during the period. Rhumbline Advisers grew its holdings in NexPoint Diversified Real Estate Trust by 12.1% in the 4th quarter. Rhumbline Advisers now owns 46,554 shares of the company’s stock valued at $284,000 after buying an additional 5,037 shares during the last quarter. Peapod Lane Capital LLC bought a new position in NexPoint Diversified Real Estate Trust in the 4th quarter worth approximately $332,000. Finally, Matisse Capital lifted its holdings in shares of NexPoint Diversified Real Estate Trust by 2.7% during the fourth quarter. Matisse Capital now owns 528,949 shares of the company’s stock worth $3,227,000 after buying an additional 13,745 shares during the last quarter.

NexPoint Diversified Real Estate Trust Price Performance

NXDT opened at $3.95 on Friday. The business has a 50 day moving average of $4.89 and a 200-day moving average of $5.55. NexPoint Diversified Real Estate Trust has a 1-year low of $3.45 and a 1-year high of $7.60.

NexPoint Diversified Real Estate Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 15.19%. The ex-dividend date of this dividend is Friday, February 28th.

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.