Kingswood Wealth Advisors LLC grew its stake in FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 216.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 290,094 shares of the company's stock after acquiring an additional 198,482 shares during the period. Kingswood Wealth Advisors LLC owned 0.08% of FS Credit Opportunities worth $2,060,000 at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in the stock. NewEdge Advisors LLC grew its stake in FS Credit Opportunities by 6.3% in the fourth quarter. NewEdge Advisors LLC now owns 25,033 shares of the company's stock worth $171,000 after purchasing an additional 1,473 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of FS Credit Opportunities by 1.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 113,825 shares of the company's stock worth $802,000 after buying an additional 1,597 shares in the last quarter. Marcum Wealth LLC grew its position in shares of FS Credit Opportunities by 4.8% during the 1st quarter. Marcum Wealth LLC now owns 56,711 shares of the company's stock worth $400,000 after buying an additional 2,605 shares in the last quarter. Stifel Financial Corp grew its position in shares of FS Credit Opportunities by 2.3% during the 4th quarter. Stifel Financial Corp now owns 136,449 shares of the company's stock worth $931,000 after buying an additional 3,038 shares in the last quarter. Finally, AdvisorNet Financial Inc grew its holdings in FS Credit Opportunities by 9.0% during the 1st quarter. AdvisorNet Financial Inc now owns 47,479 shares of the company's stock worth $335,000 after acquiring an additional 3,939 shares in the last quarter. 36.37% of the stock is currently owned by institutional investors.
FS Credit Opportunities Stock Up 0.1%
FS Credit Opportunities stock traded up $0.01 during midday trading on Friday, hitting $7.23. 737,896 shares of the company's stock were exchanged, compared to its average volume of 828,863. FS Credit Opportunities Corp. has a 12 month low of $5.29 and a 12 month high of $7.33. The firm has a 50-day moving average of $7.01 and a two-hundred day moving average of $6.90.
FS Credit Opportunities Announces Dividend
The firm also recently disclosed a jun 25 dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 23rd will be paid a dividend of $0.0678 per share. The ex-dividend date of this dividend is Monday, June 23rd. This represents a dividend yield of 10.2%.
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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