Peapod Lane Capital LLC acquired a new position in shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT – Free Report) during the 4th quarter, Holdings Channel.com reports. The firm acquired 55,016 shares of the company’s stock, valued at approximately $332,000.
Several other hedge funds 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 third quarter worth about $71,000. Virtu Financial LLC acquired a new position in shares of NexPoint Diversified Real Estate Trust in the 3rd quarter valued at approximately $85,000. The Manufacturers Life Insurance Company increased its stake in NexPoint Diversified Real Estate Trust by 24.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,733 shares of the company’s stock worth $93,000 after purchasing an additional 3,258 shares in the last quarter. FMR LLC raised its holdings in NexPoint Diversified Real Estate Trust by 15.6% during the 3rd quarter. FMR LLC now owns 16,627 shares of the company’s stock worth $104,000 after buying an additional 2,250 shares during the period. Finally, AQR Capital Management LLC bought a new position in NexPoint Diversified Real Estate Trust in the second quarter valued at approximately $129,000.
NexPoint Diversified Real Estate Trust Price Performance
Shares of NXDT stock opened at $5.15 on Thursday. NexPoint Diversified Real Estate Trust has a 12-month low of $4.67 and a 12-month high of $7.60. The firm has a fifty day moving average of $5.82 and a 200-day moving average of $5.81.
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.
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Want to see what other hedge funds are holding NXDT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NexPoint Diversified Real Estate Trust (NYSE:NXDT – Free Report).
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