FS Credit Opportunities Corp. (NYSE:FSCO) Holdings Raised by Advisors Asset Management Inc.

Advisors Asset Management Inc. boosted its position in shares of FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 159.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 208,106 shares of the company's stock after acquiring an additional 127,815 shares during the period. Advisors Asset Management Inc. owned 0.06% of FS Credit Opportunities worth $1,321,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Coppell Advisory Solutions Corp. bought a new position in FS Credit Opportunities during the 1st quarter valued at approximately $65,000. Investmark Advisory Group LLC grew its holdings in shares of FS Credit Opportunities by 14.1% in the first quarter. Investmark Advisory Group LLC now owns 140,942 shares of the company's stock worth $836,000 after purchasing an additional 17,393 shares during the last quarter. Cetera Investment Advisers lifted its stake in FS Credit Opportunities by 2,693.8% in the first quarter. Cetera Investment Advisers now owns 3,050,684 shares of the company's stock worth $18,091,000 after acquiring an additional 2,941,488 shares during the period. Cetera Advisors LLC grew its stake in FS Credit Opportunities by 2.3% in the first quarter. Cetera Advisors LLC now owns 1,294,009 shares of the company's stock valued at $7,673,000 after purchasing an additional 28,563 shares during the last quarter. Finally, Marcum Wealth LLC grew its stake in shares of FS Credit Opportunities by 9.2% during the second quarter. Marcum Wealth LLC now owns 54,106 shares of the company's stock worth $345,000 after acquiring an additional 4,548 shares during the last quarter. 36.37% of the stock is currently owned by institutional investors.

FS Credit Opportunities Stock Performance

Shares of NYSE FSCO traded up $0.10 during trading on Tuesday, reaching $6.64. 622,362 shares of the company traded hands, compared to its average volume of 671,439. FS Credit Opportunities Corp. has a 12-month low of $5.47 and a 12-month high of $6.75. The firm's fifty day simple moving average is $6.55 and its 200 day simple moving average is $6.39.

FS Credit Opportunities Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be issued a $0.06 dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $0.72 annualized dividend and a yield of 10.84%.

Insider Buying and Selling

In other FS Credit Opportunities news, CEO Michael C. Forman sold 218,961 shares of FS Credit Opportunities stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $6.15, for a total transaction of $1,346,610.15. Following the completion of the transaction, the chief executive officer now owns 116,297 shares in the company, valued at approximately $715,226.55. The trade was a 65.31 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.26% of the stock is owned by insiders.

FS Credit Opportunities Company Profile

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.