Nations Financial Group Inc. IA ADV Lowers Stake in NexPoint Diversified Real Estate Trust (NYSE:NXDT)

Nations Financial Group Inc. IA ADV reduced its holdings in shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 32.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 228,635 shares of the company’s stock after selling 111,843 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in NexPoint Diversified Real Estate Trust were worth $1,395,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its position in NexPoint Diversified Real Estate Trust by 130.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 66,870 shares of the company’s stock worth $418,000 after purchasing an additional 37,891 shares during the last quarter. FMR LLC boosted its holdings in shares of NexPoint Diversified Real Estate Trust by 15.6% in the third quarter. FMR LLC now owns 16,627 shares of the company’s stock valued at $104,000 after acquiring an additional 2,250 shares in the last quarter. Barclays PLC boosted its holdings in shares of NexPoint Diversified Real Estate Trust by 237.8% in the third quarter. Barclays PLC now owns 45,072 shares of the company’s stock valued at $281,000 after acquiring an additional 31,731 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of NexPoint Diversified Real Estate Trust by 1.8% in the third quarter. Geode Capital Management LLC now owns 879,684 shares of the company’s stock valued at $5,500,000 after acquiring an additional 15,507 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its holdings in shares of 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 valued at $93,000 after acquiring an additional 3,258 shares in the last quarter.

NexPoint Diversified Real Estate Trust Price Performance

Shares of NYSE:NXDT opened at $5.07 on Friday. The firm’s 50-day simple moving average is $5.81 and its 200-day simple moving average is $5.79. NexPoint Diversified Real Estate Trust has a fifty-two week low of $4.67 and a fifty-two week high of $7.60.

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.