SeaCrest Wealth Management LLC Makes New Investment in NexPoint Diversified Real Estate Trust (NYSE:NXDT)

SeaCrest Wealth Management LLC bought a new position in shares of NexPoint Diversified Real Estate Trust (NYSE:NXDTGet Rating) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,670 shares of the company’s stock, valued at approximately $28,000.

Other large investors have also recently added to or reduced their stakes in the company. Truist Financial Corp acquired a new position in shares of NexPoint Diversified Real Estate Trust during the second quarter worth approximately $256,000. Moors & Cabot Inc. acquired a new position in shares of NexPoint Diversified Real Estate Trust during the second quarter worth approximately $198,000. Concorde Asset Management LLC acquired a new position in shares of NexPoint Diversified Real Estate Trust during the second quarter worth approximately $276,000. Camelot Portfolios LLC acquired a new position in shares of NexPoint Diversified Real Estate Trust during the second quarter worth approximately $6,808,000. Finally, EJF Capital LLC acquired a new position in shares of NexPoint Diversified Real Estate Trust in the first quarter valued at $7,095,000.

NexPoint Diversified Real Estate Trust Stock Performance

Shares of NYSE NXDT opened at 13.79 on Thursday. The business has a fifty day simple moving average of 12.98 and a 200 day simple moving average of 14.72. NexPoint Diversified Real Estate Trust has a one year low of 11.06 and a one year high of 17.93.

NexPoint Diversified Real Estate Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 30th. Investors of record on Thursday, December 15th will be paid a $0.15 dividend. The ex-dividend date is Wednesday, December 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.35%.

Insider Activity at NexPoint Diversified Real Estate Trust

In other news, insider James D. Dondero bought 50,206 shares of the business’s stock in a transaction that occurred on Thursday, September 29th. The stock was acquired at an average cost of 12.28 per share, for a total transaction of 616,529.68. Following the completion of the purchase, the insider now owns 3,738,955 shares of the company’s stock, valued at approximately 45,914,367.40. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider James D. Dondero acquired 50,206 shares of the company’s stock in a transaction on Thursday, September 29th. The stock was purchased at an average cost of 12.28 per share, for a total transaction of 616,529.68. Following the completion of the purchase, the insider now directly owns 3,738,955 shares of the company’s stock, valued at approximately 45,914,367.40. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider James D. Dondero acquired 12,619 shares of the company’s stock in a transaction on Monday, October 3rd. The shares were bought at an average price of 12.56 per share, with a total value of 158,494.64. Following the completion of the purchase, the insider now directly owns 3,761,574 shares of the company’s stock, valued at 47,245,369.44. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 79,559 shares of company stock worth $998,089.

About NexPoint Diversified Real Estate Trust

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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.

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

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