Certior Financial Group LLC acquired a new stake in FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 272,587 shares of the company's stock, valued at approximately $1,859,000. FS Credit Opportunities comprises approximately 1.6% of Certior Financial Group LLC's holdings, making the stock its 18th largest position. Certior Financial Group LLC owned approximately 0.08% of FS Credit Opportunities at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of FSCO. Spire Wealth Management acquired a new stake in shares of FS Credit Opportunities during the fourth quarter worth $39,000. US Bancorp DE bought a new stake in FS Credit Opportunities during the fourth quarter worth approximately $49,000. PSI Advisors LLC lifted its holdings in shares of FS Credit Opportunities by 118.5% in the fourth quarter. PSI Advisors LLC now owns 7,646 shares of the company's stock valued at $52,000 after buying an additional 4,146 shares during the period. Private Portfolio Partners LLC bought a new position in shares of FS Credit Opportunities during the 4th quarter valued at about $72,000. Finally, Bravias Capital Group LLC acquired a new position in FS Credit Opportunities in the fourth quarter worth approximately $73,000. Institutional investors and hedge funds own 36.37% of the company's stock.
Insider Activity
In other news, Director Keith Bethel acquired 5,000 shares of the business's stock in a transaction that occurred on Thursday, February 13th. The stock was acquired at an average cost of $6.96 per share, for a total transaction of $34,800.00. Following the completion of the acquisition, the director now owns 20,000 shares in the company, valued at approximately $139,200. The trade was a 33.33 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.26% of the stock is currently owned by corporate insiders.
FS Credit Opportunities Stock Down 0.9 %
Shares of FS Credit Opportunities stock traded down $0.06 on Friday, reaching $6.28. 1,395,487 shares of the company were exchanged, compared to its average volume of 774,642. FS Credit Opportunities Corp. has a fifty-two week low of $5.29 and a fifty-two week high of $7.16. The stock has a fifty day moving average price of $6.86 and a 200-day moving average price of $6.75.
FS Credit Opportunities Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 23rd will be paid a $0.0645 dividend. This represents a $0.77 dividend on an annualized basis and a yield of 12.33%. The ex-dividend date of this dividend is Wednesday, April 23rd.
FS Credit Opportunities Company 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.
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