NexPoint Diversified Real Estate Trust (NYSE:NXDT) Shares Sold by Marquette Asset Management LLC

Marquette Asset Management LLC lowered its stake in shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 72.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,899 shares of the company’s stock after selling 20,824 shares during the quarter. Marquette Asset Management LLC’s holdings in NexPoint Diversified Real Estate Trust were worth $48,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Renaissance Technologies LLC acquired a new stake in NexPoint Diversified Real Estate Trust during the second quarter valued at approximately $730,000. Concorde Asset Management LLC increased its holdings in shares of NexPoint Diversified Real Estate Trust by 81.6% in the 3rd quarter. Concorde Asset Management LLC now owns 242,863 shares of the company’s stock valued at $1,518,000 after acquiring an additional 109,150 shares during the last quarter. Legacy Investment Solutions LLC acquired a new stake in shares of NexPoint Diversified Real Estate Trust during the 3rd quarter valued at approximately $574,000. Bank of New York Mellon Corp lifted its stake in NexPoint Diversified Real Estate Trust by 77.9% during the second quarter. Bank of New York Mellon Corp now owns 159,336 shares of the company’s stock worth $881,000 after purchasing an additional 69,796 shares during the last quarter. Finally, State Street Corp boosted its holdings in NexPoint Diversified Real Estate Trust by 8.2% in the third quarter. State Street Corp now owns 658,882 shares of the company’s stock worth $4,118,000 after purchasing an additional 49,772 shares during the period.

NexPoint Diversified Real Estate Trust Trading Down 0.7 %

NXDT stock opened at $5.40 on Wednesday. The firm has a fifty day moving average price of $5.91 and a two-hundred day moving average price of $5.89. NexPoint Diversified Real Estate Trust has a 1-year low of $4.67 and a 1-year high of $7.60.

NexPoint Diversified Real Estate Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, November 15th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 11.11%. The ex-dividend date was Friday, November 15th.

NexPoint Diversified Real Estate Trust 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.