70,806 Shares in NexPoint Diversified Real Estate Trust (NYSE:NXDT) Acquired by Mariner Investment Group LLC

Mariner Investment Group LLC bought a new stake in NexPoint Diversified Real Estate Trust (NYSE:NXDTGet Rating) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 70,806 shares of the company’s stock, valued at approximately $1,168,000. NexPoint Diversified Real Estate Trust comprises approximately 1.2% of Mariner Investment Group LLC’s portfolio, making the stock its 10th biggest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. Visionary Wealth Advisors bought a new position in shares of NexPoint Diversified Real Estate Trust in the second quarter valued at approximately $467,000. First Foundation Advisors bought a new position in shares of NexPoint Diversified Real Estate Trust in the second quarter valued at approximately $678,000. BOKF NA bought a new position in NexPoint Diversified Real Estate Trust during the second quarter worth $4,573,000. UBS Group AG increased its position in NexPoint Diversified Real Estate Trust by 58.9% during the second quarter. UBS Group AG now owns 8,857 shares of the company’s stock worth $146,000 after acquiring an additional 3,282 shares during the period. Finally, SeaCrest Wealth Management LLC bought a new position in NexPoint Diversified Real Estate Trust during the second quarter worth $28,000.

NexPoint Diversified Real Estate Trust Trading Down 0.4 %

NXDT stock traded down 0.06 on Thursday, reaching 13.96. 309 shares of the company were exchanged, compared to its average volume of 152,166. NexPoint Diversified Real Estate Trust has a 12 month low of 11.06 and a 12 month high of 17.93. The stock’s fifty day moving average price is 12.87 and its 200 day moving average price is 14.69.

NexPoint Diversified Real Estate Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 30th. Investors of record on Thursday, December 15th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.30%. The ex-dividend date of this dividend is Wednesday, December 14th.

Insider Buying and Selling

In related news, insider James D. Dondero bought 50,206 shares of the company’s stock in a transaction that occurred on Thursday, September 29th. The shares were acquired at an average price of 12.28 per share, with a total value of 616,529.68. Following the completion of the transaction, the insider now owns 3,738,955 shares of the company’s stock, valued at approximately 45,914,367.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other NexPoint Diversified Real Estate Trust news, insider James D. Dondero purchased 118,673 shares of the stock in a transaction on Monday, November 28th. The shares were purchased at an average price of 13.83 per share, with a total value of 1,641,247.59. Following the acquisition, the insider now directly owns 1,825,479 shares of the company’s stock, valued at approximately 25,246,374.57. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider James D. Dondero purchased 50,206 shares of the stock in a transaction 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 acquisition, the insider now directly owns 3,738,955 shares in the company, valued at 45,914,367.40. The disclosure for this purchase can be found here. Over the last quarter, insiders have purchased 198,232 shares of company stock valued at $2,639,336.

NexPoint Diversified Real Estate Trust Company Profile

(Get Rating)

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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