Nisa Investment Advisors LLC Sells 13,253 Shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT)

Nisa Investment Advisors LLC reduced its position in shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 48.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,990 shares of the company’s stock after selling 13,253 shares during the period. Nisa Investment Advisors LLC’s holdings in NexPoint Diversified Real Estate Trust were worth $87,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of NXDT. Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in NexPoint Diversified Real Estate Trust by 6.0% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 35,238 shares of the company’s stock worth $195,000 after buying an additional 1,982 shares during the period. The Manufacturers Life Insurance Company lifted its stake in NexPoint Diversified Real Estate Trust by 24.2% in the second quarter. The Manufacturers Life Insurance Company now owns 16,733 shares of the company’s stock worth $93,000 after acquiring an additional 3,258 shares during the period. BOKF NA boosted its holdings in NexPoint Diversified Real Estate Trust by 1.3% in the first quarter. BOKF NA now owns 357,325 shares of the company’s stock valued at $2,212,000 after acquiring an additional 4,739 shares in the last quarter. BNP Paribas Financial Markets increased its position in NexPoint Diversified Real Estate Trust by 79.2% during the 1st quarter. BNP Paribas Financial Markets now owns 16,067 shares of the company’s stock valued at $106,000 after purchasing an additional 7,101 shares during the period. Finally, First Foundation Advisors raised its holdings in NexPoint Diversified Real Estate Trust by 20.6% in the 2nd quarter. First Foundation Advisors now owns 50,336 shares of the company’s stock worth $278,000 after purchasing an additional 8,614 shares in the last quarter.

NexPoint Diversified Real Estate Trust Stock Down 0.2 %

Shares of NXDT opened at 5.97 on Friday. NexPoint Diversified Real Estate Trust has a 1-year low of 4.67 and a 1-year high of 9.23. The firm’s 50-day moving average price is 5.90 and its 200-day moving average price is 5.76.

NexPoint Diversified Real Estate Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, November 15th will be issued a dividend of $0.15 per share. The ex-dividend date is Friday, November 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.05%.

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.