PFG Investments LLC Grows Holdings in FS Credit Opportunities Corp. (NYSE:FSCO)

PFG Investments LLC lifted its holdings in shares of FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 92.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 163,974 shares of the company's stock after purchasing an additional 78,570 shares during the quarter. PFG Investments LLC's holdings in FS Credit Opportunities were worth $1,118,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Creative Planning increased its position in FS Credit Opportunities by 2.5% during the second quarter. Creative Planning now owns 117,475 shares of the company's stock worth $748,000 after purchasing an additional 2,816 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of FS Credit Opportunities during the 2nd quarter valued at $447,000. Capital CS Group LLC increased its holdings in shares of FS Credit Opportunities by 33.8% during the 3rd quarter. Capital CS Group LLC now owns 17,773 shares of the company's stock worth $113,000 after buying an additional 4,488 shares during the last quarter. Atomi Financial Group Inc. purchased a new position in shares of FS Credit Opportunities in the 3rd quarter worth $412,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its holdings in FS Credit Opportunities by 74.9% in the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 22,976 shares of the company's stock valued at $146,000 after acquiring an additional 9,842 shares during the last quarter. Hedge funds and other institutional investors own 36.37% of the company's stock.

FS Credit Opportunities Stock Performance

NYSE:FSCO traded down $0.07 on Friday, hitting $6.80. 1,116,693 shares of the stock were exchanged, compared to its average volume of 919,620. The stock has a fifty day moving average of $6.79 and a 200-day moving average of $6.54. FS Credit Opportunities Corp. has a fifty-two week low of $5.61 and a fifty-two week high of $7.12.

FS Credit Opportunities Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 24th were given a dividend of $0.0645 per share. This represents a $0.77 dividend on an annualized basis and a yield of 11.38%. The ex-dividend date of this dividend was Friday, January 24th. This is an increase from FS Credit Opportunities's previous monthly dividend of $0.06.

FS Credit Opportunities 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.