Fiduciary Alliance LLC acquired a new stake in FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 37,195 shares of the company's stock, valued at approximately $262,000.
Several other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC increased its stake in shares of FS Credit Opportunities by 0.8% in the fourth quarter. LPL Financial LLC now owns 2,710,617 shares of the company's stock worth $18,486,000 after purchasing an additional 22,441 shares in the last quarter. Avantax Advisory Services Inc. boosted its holdings in FS Credit Opportunities by 0.9% in the 4th quarter. Avantax Advisory Services Inc. now owns 1,944,373 shares of the company's stock worth $13,261,000 after buying an additional 18,020 shares during the period. Vista Finance LLC grew its stake in FS Credit Opportunities by 2.0% in the 4th quarter. Vista Finance LLC now owns 1,711,019 shares of the company's stock valued at $11,669,000 after buying an additional 34,190 shares in the last quarter. Blackstone Inc. purchased a new position in FS Credit Opportunities in the 4th quarter valued at approximately $11,341,000. Finally, Ellis Investment Partners LLC raised its holdings in FS Credit Opportunities by 1.7% during the 4th quarter. Ellis Investment Partners LLC now owns 812,628 shares of the company's stock valued at $5,542,000 after acquiring an additional 13,624 shares during the period. 36.37% of the stock is owned by institutional investors.
FS Credit Opportunities Price Performance
Shares of FS Credit Opportunities stock traded up $0.06 during trading hours on Friday, reaching $7.21. The company had a trading volume of 721,122 shares, compared to its average volume of 949,514. FS Credit Opportunities Corp. has a one year low of $5.29 and a one year high of $7.24. The business has a fifty day simple moving average of $6.84 and a 200 day simple moving average of $6.85.
FS Credit Opportunities Announces Dividend
The business also recently announced a monthly dividend, which was paid on Friday, May 30th. Shareholders of record on Thursday, May 22nd were paid a $0.0645 dividend. The ex-dividend date of this dividend was Thursday, May 22nd. This represents a $0.77 annualized dividend and a yield of 10.74%.
About FS Credit Opportunities
(
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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