FS Credit Opportunities Corp. (NYSE:FSCO) Shares Bought by PFG Investments LLC

PFG Investments LLC boosted its holdings in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 92.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 163,974 shares of the company’s stock after purchasing an additional 78,570 shares during the period. PFG Investments LLC’s holdings in FS Credit Opportunities were worth $1,118,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FSCO. Vista Finance LLC raised its position in shares of FS Credit Opportunities by 4.2% in the third quarter. Vista Finance LLC now owns 1,676,829 shares of the company’s stock worth $10,648,000 after acquiring an additional 66,961 shares during the period. Ellis Investment Partners LLC raised its position in shares of FS Credit Opportunities by 1.1% in the third quarter. Ellis Investment Partners LLC now owns 799,004 shares of the company’s stock worth $5,074,000 after acquiring an additional 8,447 shares during the period. Private Advisor Group LLC raised its position in shares of FS Credit Opportunities by 1.4% in the third quarter. Private Advisor Group LLC now owns 781,108 shares of the company’s stock worth $4,960,000 after acquiring an additional 10,853 shares during the period. Geneos Wealth Management Inc. acquired a new position in shares of FS Credit Opportunities in the fourth quarter worth about $2,252,000. Finally, Cornerstone Wealth Management LLC raised its position in shares of FS Credit Opportunities by 5.6% in the fourth quarter. Cornerstone Wealth Management LLC now owns 261,582 shares of the company’s stock worth $1,784,000 after acquiring an additional 13,862 shares during the period. 36.37% of the stock is currently owned by institutional investors and hedge funds.

FS Credit Opportunities Trading Down 1.2 %

Shares of FS Credit Opportunities stock opened at $6.87 on Wednesday. The firm has a 50-day simple moving average of $6.77 and a two-hundred day simple moving average of $6.53. FS Credit Opportunities Corp. has a fifty-two week low of $5.61 and a fifty-two week high of $7.12.

FS Credit Opportunities Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 24th will be given a $0.0645 dividend. The ex-dividend date is Friday, January 24th. This represents a $0.77 dividend on an annualized basis and a dividend yield of 11.27%. This is an increase from FS Credit Opportunities’s previous monthly dividend of $0.06.

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.