TCW Group Inc. Increases Holdings in NexPoint Diversified Real Estate Trust (NYSE:NXDT)

TCW Group Inc. boosted its position in NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 1.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 210,039 shares of the company’s stock after buying an additional 2,736 shares during the quarter. TCW Group Inc.’s holdings in NexPoint Diversified Real Estate Trust were worth $1,670,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Baystate Wealth Management LLC bought a new stake in shares of NexPoint Diversified Real Estate Trust in the 4th quarter valued at about $36,000. Nisa Investment Advisors LLC increased its stake in NexPoint Diversified Real Estate Trust by 68.1% in the 3rd quarter. Nisa Investment Advisors LLC now owns 13,525 shares of the company’s stock worth $118,000 after purchasing an additional 5,479 shares during the period. SG Americas Securities LLC lifted its position in NexPoint Diversified Real Estate Trust by 29.5% in the fourth quarter. SG Americas Securities LLC now owns 17,402 shares of the company’s stock valued at $138,000 after purchasing an additional 3,965 shares during the last quarter. Jump Financial LLC purchased a new stake in shares of NexPoint Diversified Real Estate Trust during the fourth quarter valued at approximately $174,000. Finally, Concorde Asset Management LLC grew its holdings in shares of NexPoint Diversified Real Estate Trust by 85.3% in the third quarter. Concorde Asset Management LLC now owns 46,050 shares of the company’s stock worth $401,000 after purchasing an additional 21,200 shares during the last quarter.

NexPoint Diversified Real Estate Trust Trading Up 0.6 %

NYSE:NXDT traded up 0.03 during midday trading on Friday, reaching 5.32. 167,800 shares of the stock traded hands, compared to its average volume of 125,383. NexPoint Diversified Real Estate Trust has a 12 month low of 5.16 and a 12 month high of 13.07. The company has a fifty day moving average of 6.10 and a 200 day moving average of 6.91.

NexPoint Diversified Real Estate Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Wednesday, May 15th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 11.28%. The ex-dividend date of this dividend is Tuesday, May 14th.

Insider Activity at NexPoint Diversified Real Estate Trust

In other news, Director Arthur B. Laffer acquired 20,000 shares of the company’s stock in a transaction on Monday, April 8th. The stock was bought at an average cost of 6.12 per share, with a total value of 122,400.00. Following the completion of the purchase, the director now directly owns 68,276 shares of the company’s stock, valued at 417,849.12. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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.