Visionary Wealth Advisors increased its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 25.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 191,081 shares of the company's stock after acquiring an additional 38,429 shares during the quarter. Visionary Wealth Advisors owned about 0.06% of FS Credit Opportunities worth $1,303,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Spire Wealth Management purchased a new position in FS Credit Opportunities during the 4th quarter worth $39,000. US Bancorp DE purchased a new position in FS Credit Opportunities during the 4th quarter worth $49,000. Private Portfolio Partners LLC purchased a new position in FS Credit Opportunities during the 4th quarter worth $72,000. Bravias Capital Group LLC purchased a new position in FS Credit Opportunities during the 4th quarter worth $73,000. Finally, Park Avenue Securities LLC purchased a new position in FS Credit Opportunities during the 4th quarter worth $82,000. 36.37% of the stock is currently owned by institutional investors and hedge funds.
FS Credit Opportunities Trading Up 0.4%
FS Credit Opportunities stock traded up $0.03 during midday trading on Friday, hitting $7.03. 488,122 shares of the company's stock were exchanged, compared to its average volume of 810,412. FS Credit Opportunities Corp. has a 12-month low of $5.29 and a 12-month high of $7.23. The firm's 50 day simple moving average is $6.83 and its 200 day simple moving average is $6.82.
FS Credit Opportunities Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 22nd will be issued a $0.0645 dividend. This represents a $0.77 annualized dividend and a dividend yield of 11.02%. The ex-dividend date of this dividend is Thursday, May 22nd.
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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