Capital Investment Advisors LLC Takes Position in NexPoint Diversified Real Estate Trust (NYSE:NXDT)

Capital Investment Advisors LLC acquired a new stake in shares of NexPoint Diversified Real Estate Trust (NYSE:NXDTGet Rating) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 37,227 shares of the company’s stock, valued at approximately $614,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of NXDT. EJF Capital LLC acquired a new stake in NexPoint Diversified Real Estate Trust in the first quarter valued at approximately $7,095,000. Highland Capital Management Fund Advisors L.P. acquired a new stake in NexPoint Diversified Real Estate Trust in the first quarter valued at approximately $28,879,000. Bank of America Corp DE acquired a new stake in NexPoint Diversified Real Estate Trust in the first quarter valued at approximately $7,229,000. Guggenheim Capital LLC acquired a new stake in NexPoint Diversified Real Estate Trust in the first quarter valued at approximately $1,256,000. Finally, Royal Bank of Canada acquired a new stake in NexPoint Diversified Real Estate Trust in the first quarter valued at approximately $1,183,000.

Insiders Place Their Bets

In related news, insider James D. Dondero purchased 33,312 shares of the firm’s stock in a transaction on Thursday, July 14th. The stock was acquired at an average price of 15.54 per share, with a total value of 517,668.48. Following the completion of the acquisition, the insider now owns 3,580,862 shares in the company, valued at approximately 55,646,595.48. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

NexPoint Diversified Real Estate Trust Stock Performance

Shares of NXDT opened at 14.97 on Friday. NexPoint Diversified Real Estate Trust has a twelve month low of 12.80 and a twelve month high of 17.93. The company has a 50 day moving average of 15.89 and a two-hundred day moving average of 15.62.

NexPoint Diversified Real Estate Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, September 30th. Shareholders of record on Monday, September 19th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Friday, September 16th. This represents a $0.60 annualized dividend and a yield of 4.01%.

NexPoint Diversified Real Estate Trust Company Profile

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NexPoint Diversified Real Estate Trust is a closed ended balanced mutual fund launched by Highland Capital Management, L.P. It is managed by Nexpoint Advisors, L.P. The fund invests in the fixed income markets of the United States. It invests in companies across broadly diversified sectors to construct its portfolio.

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Institutional Ownership by Quarter for NexPoint Diversified Real Estate Trust (NYSE:NXDT)

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