realestate

Barclays PLC Acquires Additional NXDT Shares

Barclays PLC increased its stake in NexPoint Diversified Real Estate Trust by 237.8% in Q3, according to SEC filing.

B
arclays PLC increased its stake in NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 237.8% in the third quarter, according to a recent Form 13F filing with the Securities and Exchange Commission. The fund now owns 45,072 shares of the company's stock, acquired during the period for $281,000.

    Other institutional investors also modified their holdings of NexPoint Diversified Real Estate Trust. FMR LLC grew its stake by 15.6% in the third quarter, owning 16,627 shares valued at $104,000. Geode Capital Management LLC boosted its position by 1.8%, now holding 879,684 shares worth $5,500,000.

    Nomura Asset Management Co. Ltd. increased its stake by 33.4% in the third quarter, owning 47,707 shares valued at $298,000. State Street Corp also increased its stake by 8.2%, now holding 658,882 shares worth $4,118,000.

    NexPoint Diversified Real Estate Trust stock is down 0.9%. The firm recently announced a quarterly dividend of $0.15 per share, paid on December 31st to shareholders of record on November 15th. This represents an annualized yield of 10.85%.

    As a diversified REIT, NexPoint Diversified Real Estate Trust's primary investment objective is to provide both current income and capital appreciation.

Barclays PLC executive purchases additional shares of NXDT in London financial district.