NexPoint Diversified Real Estate Trust (NYSE:NXDT) Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC raised its position in shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 29.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,402 shares of the company’s stock after acquiring an additional 3,965 shares during the quarter. SG Americas Securities LLC’s holdings in NexPoint Diversified Real Estate Trust were worth $138,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. Tower Research Capital LLC TRC acquired a new stake in shares of NexPoint Diversified Real Estate Trust in the third quarter valued at approximately $25,000. Comerica Bank acquired a new stake in shares of NexPoint Diversified Real Estate Trust in the third quarter valued at approximately $29,000. Ameritas Investment Partners Inc. acquired a new stake in shares of NexPoint Diversified Real Estate Trust in the second quarter valued at approximately $32,000. Nisa Investment Advisors LLC increased its holdings in shares of NexPoint Diversified Real Estate Trust by 68.1% in the third quarter. Nisa Investment Advisors LLC now owns 13,525 shares of the company’s stock valued at $118,000 after purchasing an additional 5,479 shares during the last quarter. Finally, California State Teachers Retirement System acquired a new stake in shares of NexPoint Diversified Real Estate Trust in the second quarter valued at approximately $128,000.

NexPoint Diversified Real Estate Trust Stock Down 3.8 %

NYSE:NXDT opened at 6.14 on Wednesday. NexPoint Diversified Real Estate Trust has a one year low of 5.82 and a one year high of 13.07. The stock has a 50 day moving average price of 6.37 and a 200 day moving average price of 7.32.

NexPoint Diversified Real Estate Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, February 16th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $0.60 annualized dividend and a yield of 9.77%.

Insiders Place Their Bets

In other NexPoint Diversified Real Estate Trust news, Director Arthur B. Laffer bought 20,000 shares of the business’s stock in a transaction on Monday, April 8th. The stock was bought at an average price of 6.12 per share, with a total value of 122,400.00. Following the completion of the purchase, the director now directly owns 68,276 shares in the company, valued at 417,849.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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.