NexPoint Diversified Real Estate Trust (NYSE:NXDT) Shares Bought by Matisse Capital

Matisse Capital grew its stake in NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 2.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 528,949 shares of the company’s stock after purchasing an additional 13,745 shares during the period. NexPoint Diversified Real Estate Trust makes up approximately 1.6% of Matisse Capital’s portfolio, making the stock its 7th biggest holding. Matisse Capital’s holdings in NexPoint Diversified Real Estate Trust were worth $3,227,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Burford Brothers Inc. lifted its stake in shares of NexPoint Diversified Real Estate Trust by 3.5% in the fourth quarter. Burford Brothers Inc. now owns 120,136 shares of the company’s stock valued at $733,000 after purchasing an additional 4,066 shares during the period. SG Americas Securities LLC boosted its position in NexPoint Diversified Real Estate Trust by 24.7% during the fourth quarter. SG Americas Securities LLC now owns 14,185 shares of the company’s stock worth $87,000 after purchasing an additional 2,814 shares in the last quarter. Sovereign Financial Group Inc. boosted its position in NexPoint Diversified Real Estate Trust by 71.7% during the fourth quarter. Sovereign Financial Group Inc. now owns 35,900 shares of the company’s stock worth $219,000 after purchasing an additional 14,994 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of NexPoint Diversified Real Estate Trust by 130.8% in the third quarter. JPMorgan Chase & Co. now owns 66,870 shares of the company’s stock valued at $418,000 after buying an additional 37,891 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of NexPoint Diversified Real Estate Trust during the 3rd quarter worth $85,000.

NexPoint Diversified Real Estate Trust Trading Down 0.7 %

NexPoint Diversified Real Estate Trust stock opened at $5.49 on Tuesday. NexPoint Diversified Real Estate Trust has a 52 week low of $4.67 and a 52 week high of $7.60. The firm’s 50-day simple moving average is $5.87 and its 200 day simple moving average is $5.86.

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.