Patriot Financial Group Insurance Agency LLC Has $1.97 Million Stake in FS Credit Opportunities Corp. (NYSE:FSCO)

Patriot Financial Group Insurance Agency LLC grew its holdings in FS Credit Opportunities Corp. (NYSE:FSCO) by 11.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 288,185 shares of the company’s stock after acquiring an additional 30,477 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in FS Credit Opportunities were worth $1,965,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Geneos Wealth Management Inc. acquired a new stake in FS Credit Opportunities during the 4th quarter valued at $2,252,000. Grimes & Company Inc. bought a new position in shares of FS Credit Opportunities in the 4th quarter worth $970,000. Advisors Asset Management Inc. grew its stake in shares of FS Credit Opportunities by 159.2% during the third quarter. Advisors Asset Management Inc. now owns 208,106 shares of the company’s stock worth $1,321,000 after purchasing an additional 127,815 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in FS Credit Opportunities by 689.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 106,900 shares of the company’s stock valued at $679,000 after buying an additional 93,363 shares during the period. Finally, PFG Investments LLC grew its position in shares of FS Credit Opportunities by 92.0% during the 4th quarter. PFG Investments LLC now owns 163,974 shares of the company’s stock worth $1,118,000 after buying an additional 78,570 shares during the period. Institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Trading Down 0.4 %

Shares of NYSE:FSCO opened at $6.94 on Tuesday. FS Credit Opportunities Corp. has a fifty-two week low of $5.61 and a fifty-two week high of $7.12. The firm’s 50 day simple moving average is $6.75 and its 200 day simple moving average is $6.53.

FS Credit Opportunities Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders 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. The ex-dividend date is Friday, January 24th. This represents a $0.77 annualized dividend and a dividend yield of 11.16%.

FS Credit Opportunities Company Profile

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.