Burford Brothers Inc. Buys 16,059 Shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT)

Burford Brothers Inc. increased its stake in NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 16.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 116,070 shares of the company’s stock after purchasing an additional 16,059 shares during the quarter. Burford Brothers Inc.’s holdings in NexPoint Diversified Real Estate Trust were worth $725,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Quadrature Capital Ltd bought a new stake in NexPoint Diversified Real Estate Trust during the 4th quarter valued at $201,000. Matisse Capital raised its holdings in NexPoint Diversified Real Estate Trust by 57.3% during the 1st quarter. Matisse Capital now owns 410,542 shares of the company’s stock valued at $2,710,000 after acquiring an additional 149,530 shares during the period. BNP Paribas Financial Markets raised its holdings 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 acquiring an additional 7,101 shares during the period. Vanguard Group Inc. raised its holdings in NexPoint Diversified Real Estate Trust by 4.5% during the 1st quarter. Vanguard Group Inc. now owns 3,419,983 shares of the company’s stock valued at $22,572,000 after acquiring an additional 146,102 shares during the period. Finally, BOKF NA raised its holdings in NexPoint Diversified Real Estate Trust by 1.3% during the 1st 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 during the period.

NexPoint Diversified Real Estate Trust Price Performance

Shares of NXDT stock opened at 5.42 on Friday. The company’s fifty day simple moving average is 5.92 and its two-hundred day simple moving average is 5.80. NexPoint Diversified Real Estate Trust has a 1 year low of 4.67 and a 1 year high of 9.23.

NexPoint Diversified Real Estate Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, August 15th were issued a dividend of $0.15 per share. The ex-dividend date was Thursday, August 15th. This represents a $0.60 dividend on an annualized basis and a yield of 11.07%.

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.