JPMorgan Chase & Co. Purchases 37,891 Shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT)

JPMorgan Chase & Co. boosted its position in NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 130.8% during the third quarter, HoldingsChannel.com reports. The fund owned 66,870 shares of the company’s stock after buying an additional 37,891 shares during the quarter. JPMorgan Chase & Co.’s holdings in NexPoint Diversified Real Estate Trust were worth $418,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. FMR LLC boosted its holdings in shares of NexPoint Diversified Real Estate Trust by 15.6% in the 3rd quarter. FMR LLC now owns 16,627 shares of the company’s stock valued at $104,000 after purchasing an additional 2,250 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in NexPoint Diversified Real Estate Trust by 24.2% in the second quarter. The Manufacturers Life Insurance Company now owns 16,733 shares of the company’s stock valued at $93,000 after buying an additional 3,258 shares in the last quarter. Stonehill Capital Management LLC grew its position in NexPoint Diversified Real Estate Trust by 1.7% in the third quarter. Stonehill Capital Management LLC now owns 439,796 shares of the company’s stock valued at $2,749,000 after acquiring an additional 7,296 shares during the last quarter. SG Americas Securities LLC acquired a new position in NexPoint Diversified Real Estate Trust during the third quarter worth about $71,000. Finally, Nomura Asset Management Co. Ltd. lifted its holdings in shares of NexPoint Diversified Real Estate Trust by 33.4% in the third quarter. Nomura Asset Management Co. Ltd. now owns 47,707 shares of the company’s stock worth $298,000 after acquiring an additional 11,934 shares during the last quarter.

NexPoint Diversified Real Estate Trust Stock Performance

NXDT opened at $5.30 on Thursday. The company’s 50 day moving average is $5.86 and its 200-day moving average is $5.89. NexPoint Diversified Real Estate Trust has a 1-year low of $4.67 and a 1-year high of $7.60.

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.