Kingswood Wealth Advisors LLC raised its position in FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 216.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 290,094 shares of the company's stock after acquiring an additional 198,482 shares during the quarter. Kingswood Wealth Advisors LLC owned 0.08% of FS Credit Opportunities worth $2,060,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Blackstone Inc. purchased a new position in shares of FS Credit Opportunities in the fourth quarter valued at $11,341,000. Bensler LLC acquired a new position in FS Credit Opportunities in the 1st quarter worth $4,013,000. Noble Wealth Management PBC acquired a new position in FS Credit Opportunities in the 4th quarter worth $3,255,000. Raymond James Financial Inc. purchased a new position in FS Credit Opportunities in the 4th quarter valued at about $3,128,000. Finally, Advisors Asset Management Inc. boosted its position in FS Credit Opportunities by 146.5% in the 4th quarter. Advisors Asset Management Inc. now owns 513,008 shares of the company's stock valued at $3,499,000 after buying an additional 304,902 shares during the last quarter. Institutional investors and hedge funds own 36.37% of the company's stock.
FS Credit Opportunities Stock Up 0.1%
Shares of NYSE FSCO traded up $0.01 during midday trading on Friday, reaching $7.23. 339,484 shares of the company's stock were exchanged, compared to its average volume of 824,253. FS Credit Opportunities Corp. has a 52-week low of $5.29 and a 52-week high of $7.33. The business's fifty day moving average price is $6.99 and its two-hundred day moving average price is $6.89.
FS Credit Opportunities Dividend Announcement
The firm also recently disclosed a jun 25 dividend, which will be paid on Monday, June 30th. Shareholders 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 yield of 10.2%.
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.
Recommended Stories
Before you consider FS Credit Opportunities, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FS Credit Opportunities wasn't on the list.
While FS Credit Opportunities currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
