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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.
