NexPoint Diversified Real Estate Trust (NYSE:NXDT) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its position in shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 2.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 296,214 shares of the company’s stock after purchasing an additional 6,856 shares during the period. Charles Schwab Investment Management Inc.’s holdings in NexPoint Diversified Real Estate Trust were worth $1,807,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NXDT. Legacy Investment Solutions LLC purchased a new position in NexPoint Diversified Real Estate Trust in the third quarter valued at approximately $574,000. Peapod Lane Capital LLC purchased a new stake in NexPoint Diversified Real Estate Trust during the 4th quarter worth $332,000. State Street Corp increased its holdings in NexPoint Diversified Real Estate Trust by 8.2% in the 3rd quarter. State Street Corp now owns 658,882 shares of the company’s stock valued at $4,118,000 after purchasing an additional 49,772 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of NexPoint Diversified Real Estate Trust by 130.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 66,870 shares of the company’s stock valued at $418,000 after buying an additional 37,891 shares during the period. Finally, Barclays PLC grew its holdings in NexPoint Diversified Real Estate Trust by 237.8% during the 3rd quarter. Barclays PLC now owns 45,072 shares of the company’s stock valued at $281,000 after purchasing an additional 31,731 shares in the last quarter.

NexPoint Diversified Real Estate Trust Stock Down 4.8 %

NexPoint Diversified Real Estate Trust stock opened at $3.77 on Friday. NexPoint Diversified Real Estate Trust has a 12-month low of $3.45 and a 12-month high of $7.60. The firm’s fifty day moving average price is $4.85 and its 200 day moving average price is $5.54.

NexPoint Diversified Real Estate Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be paid a dividend of $0.15 per share. The ex-dividend date is Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a yield of 15.92%.

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.