Jane Street Group LLC Sells 13,459 Shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT)

Jane Street Group LLC trimmed its holdings in shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 43.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 17,209 shares of the company’s stock after selling 13,459 shares during the quarter. Jane Street Group LLC’s holdings in NexPoint Diversified Real Estate Trust were worth $108,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. SG Americas Securities LLC purchased a new position in shares of NexPoint Diversified Real Estate Trust during the 3rd quarter worth $71,000. The Manufacturers Life Insurance Company lifted its position in NexPoint Diversified Real Estate Trust by 24.2% during the second quarter. The Manufacturers Life Insurance Company now owns 16,733 shares of the company’s stock valued at $93,000 after purchasing an additional 3,258 shares in the last quarter. FMR LLC grew its holdings in NexPoint Diversified Real Estate Trust by 15.6% during the third quarter. FMR LLC now owns 16,627 shares of the company’s stock valued at $104,000 after purchasing an additional 2,250 shares during the period. AQR Capital Management LLC purchased a new stake in NexPoint Diversified Real Estate Trust in the second quarter worth about $129,000. Finally, Sovereign Financial Group Inc. bought a new position in shares of NexPoint Diversified Real Estate Trust in the third quarter worth about $131,000.

NexPoint Diversified Real Estate Trust Stock Down 0.7 %

NXDT stock opened at $5.40 on Wednesday. The business’s 50-day moving average price is $5.91 and its 200-day moving average price is $5.89. NexPoint Diversified Real Estate Trust has a twelve month low of $4.67 and a twelve month high of $7.60.

NexPoint Diversified Real Estate Trust Announces Dividend

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

NexPoint Diversified Real Estate Trust Company 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.