Integrity Alliance LLC. Buys New Position in FS Credit Opportunities Corp. $FSCO

Key Points

• Integrity Alliance LLC has acquired a new position in FS Credit Opportunities Corp., purchasing 40,451 shares valued at approximately $285,000 during the first quarter.
• The stock recently declared a dividend of $0.0678, set to be paid on September 30th, representing a yield of 1,040.0%.
• As of now, institutional investors hold 36.37% of the stock, with several firms increasing their stakes significantly in the fourth quarter.

Integrity Alliance LLC. bought a new stake in FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 40,451 shares of the company's stock, valued at approximately $285,000.

Other institutional investors have also added to or reduced their stakes in the company. Focus Partners Wealth lifted its stake in FS Credit Opportunities by 6.0% in the fourth quarter. Focus Partners Wealth now owns 77,121 shares of the company's stock valued at $554,000 after buying an additional 4,371 shares during the period. Jefferies Financial Group Inc. acquired a new position in shares of FS Credit Opportunities during the fourth quarter worth approximately $136,000. Sentinus LLC raised its position in shares of FS Credit Opportunities by 6.8% during the fourth quarter. Sentinus LLC now owns 88,470 shares of the company's stock worth $603,000 after purchasing an additional 5,613 shares during the period. Visionary Wealth Advisors raised its position in shares of FS Credit Opportunities by 25.2% during the fourth quarter. Visionary Wealth Advisors now owns 191,081 shares of the company's stock worth $1,303,000 after purchasing an additional 38,429 shares during the period. Finally, Investmark Advisory Group LLC raised its position in shares of FS Credit Opportunities by 5.5% during the fourth quarter. Investmark Advisory Group LLC now owns 113,751 shares of the company's stock worth $776,000 after purchasing an additional 5,960 shares during the period. 36.37% of the stock is currently owned by institutional investors.

FS Credit Opportunities Price Performance

NYSE FSCO opened at $7.46 on Friday. The business has a fifty day simple moving average of $7.38 and a 200 day simple moving average of $7.11. FS Credit Opportunities Corp. has a 12 month low of $5.29 and a 12 month high of $7.65.

FS Credit Opportunities Dividend Announcement

The business also recently declared a sep 25 dividend, which will be paid on Tuesday, September 30th. Investors of record on Tuesday, September 23rd will be given a $0.0678 dividend. This represents a yield of 1,040.0%. The ex-dividend date of this dividend is Tuesday, September 23rd.

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.

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