Fiduciary Alliance LLC bought a new position in shares of FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 37,195 shares of the company's stock, valued at approximately $262,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Blackstone Inc. bought a new stake in FS Credit Opportunities in the fourth quarter valued at about $11,341,000. Invesco Ltd. bought a new stake in FS Credit Opportunities in the fourth quarter valued at about $1,363,000. Sanctuary Advisors LLC increased its holdings in FS Credit Opportunities by 87.4% in the fourth quarter. Sanctuary Advisors LLC now owns 154,687 shares of the company's stock valued at $1,063,000 after buying an additional 72,144 shares during the last quarter. Noble Wealth Management PBC bought a new stake in FS Credit Opportunities in the fourth quarter valued at about $3,255,000. Finally, Modern Wealth Management LLC bought a new stake in FS Credit Opportunities in the fourth quarter valued at about $1,220,000. 36.37% of the stock is owned by institutional investors.
FS Credit Opportunities Stock Up 1.0%
FS Credit Opportunities stock traded up $0.08 during midday trading on Friday, hitting $7.23. The stock had a trading volume of 892,866 shares, compared to its average volume of 820,193. FS Credit Opportunities Corp. has a 12 month low of $5.29 and a 12 month high of $7.25. The business has a fifty day moving average price of $6.84 and a 200 day moving average price of $6.85.
FS Credit Opportunities Announces Dividend
The business also recently announced a monthly dividend, which was paid on Friday, May 30th. Stockholders of record on Thursday, May 22nd were issued a dividend of $0.0645 per share. This represents a $0.77 annualized dividend and a dividend yield of 10.71%. The ex-dividend date of this dividend was Thursday, May 22nd.
FS Credit Opportunities Profile
(
Free Report)
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.
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