Matisse Capital Grows Stock Position in NexPoint Diversified Real Estate Trust (NYSE:NXDT)

Matisse Capital lifted its holdings in NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 2.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 528,949 shares of the company’s stock after acquiring an additional 13,745 shares during the period. NexPoint Diversified Real Estate Trust accounts for about 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 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in NXDT. SG Americas Securities LLC bought a new stake in shares of NexPoint Diversified Real Estate Trust in the 3rd quarter worth about $71,000. Virtu Financial LLC bought a new stake in NexPoint Diversified Real Estate Trust in the third quarter worth about $85,000. The Manufacturers Life Insurance Company boosted its position in shares of NexPoint Diversified Real Estate Trust by 24.2% during the second quarter. The Manufacturers Life Insurance Company now owns 16,733 shares of the company’s stock valued at $93,000 after buying an additional 3,258 shares during the period. FMR LLC grew its stake in shares of NexPoint Diversified Real Estate Trust by 15.6% during the third quarter. FMR LLC now owns 16,627 shares of the company’s stock valued at $104,000 after buying an additional 2,250 shares during the last quarter. Finally, AQR Capital Management LLC purchased a new stake in shares of NexPoint Diversified Real Estate Trust in the second quarter worth approximately $129,000.

NexPoint Diversified Real Estate Trust Trading Down 0.7 %

NXDT stock opened at $5.49 on Tuesday. NexPoint Diversified Real Estate Trust has a twelve month low of $4.67 and a twelve month high of $7.60. The business’s fifty day simple moving average is $5.87 and its two-hundred 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.