FS Credit Opportunities Corp. (NYSE:FSCO) Shares Acquired by True North Advisors LLC

True North Advisors LLC increased its position in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 11.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,470 shares of the company’s stock after acquiring an additional 3,147 shares during the quarter. True North Advisors LLC’s holdings in FS Credit Opportunities were worth $215,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Venture Visionary Partners LLC raised its position in FS Credit Opportunities by 10.1% in the third quarter. Venture Visionary Partners LLC now owns 17,358 shares of the company’s stock valued at $110,000 after purchasing an additional 1,587 shares during the period. Cornerstone Wealth Management LLC raised its holdings in FS Credit Opportunities by 0.7% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 247,720 shares of the company’s stock valued at $1,573,000 after buying an additional 1,687 shares during the period. McAdam LLC lifted its position in FS Credit Opportunities by 4.4% in the third quarter. McAdam LLC now owns 63,209 shares of the company’s stock valued at $401,000 after buying an additional 2,645 shares during the last quarter. Creative Planning boosted its stake in FS Credit Opportunities by 2.5% during the second quarter. Creative Planning now owns 117,475 shares of the company’s stock worth $748,000 after buying an additional 2,816 shares during the period. Finally, Moors & Cabot Inc. increased its position in shares of FS Credit Opportunities by 12.0% during the third quarter. Moors & Cabot Inc. now owns 29,619 shares of the company’s stock valued at $188,000 after acquiring an additional 3,163 shares during the last quarter. Hedge funds and other institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Stock Down 0.5 %

NYSE:FSCO opened at $7.07 on Friday. FS Credit Opportunities Corp. has a fifty-two week low of $5.61 and a fifty-two week high of $7.12. The company has a 50 day moving average price of $6.74 and a 200 day moving average price of $6.52.

FS Credit Opportunities Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 24th will be given a dividend of $0.0645 per share. This is a positive change from FS Credit Opportunities’s previous monthly dividend of $0.06. This represents a $0.77 annualized dividend and a dividend yield of 10.96%. The ex-dividend date is Friday, January 24th.

About FS Credit Opportunities

FS Credit Opportunities Corp. is a close ended fixed income fund launched by Franklin Square Capital Partners. The fund is managed by FS Global Advisor, LLC. It invests in fixed income markets across the globe, with a strong focus on Europe and the United States. The fund seeks to invest in securities of companies that are operating across diversified sectors.