Kingswood Wealth Advisors LLC raised its stake in FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 105.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 91,612 shares of the company's stock after acquiring an additional 46,923 shares during the quarter. Kingswood Wealth Advisors LLC's holdings in FS Credit Opportunities were worth $625,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently modified their holdings of the stock. Vista Finance LLC lifted its stake in shares of FS Credit Opportunities by 4.2% in the 3rd quarter. Vista Finance LLC now owns 1,676,829 shares of the company's stock valued at $10,648,000 after purchasing an additional 66,961 shares during the period. Ellis Investment Partners LLC lifted its stake in FS Credit Opportunities by 1.1% in the third quarter. Ellis Investment Partners LLC now owns 799,004 shares of the company's stock valued at $5,074,000 after buying an additional 8,447 shares during the period. Private Advisor Group LLC boosted its holdings in FS Credit Opportunities by 1.4% during the third quarter. Private Advisor Group LLC now owns 781,108 shares of the company's stock worth $4,960,000 after buying an additional 10,853 shares during the last quarter. Geneos Wealth Management Inc. bought a new stake in FS Credit Opportunities in the fourth quarter valued at approximately $2,252,000. Finally, Cornerstone Wealth Management LLC grew its stake in FS Credit Opportunities by 5.6% in the fourth quarter. Cornerstone Wealth Management LLC now owns 261,582 shares of the company's stock valued at $1,784,000 after acquiring an additional 13,862 shares during the period. 36.37% of the stock is owned by institutional investors.
FS Credit Opportunities Trading Up 0.7 %
Shares of NYSE:FSCO traded up $0.05 during midday trading on Thursday, reaching $6.87. 575,476 shares of the company were exchanged, compared to its average volume of 891,385. FS Credit Opportunities Corp. has a fifty-two week low of $5.61 and a fifty-two week high of $7.12. The stock has a fifty day simple moving average of $6.77 and a two-hundred day simple moving average of $6.53.
FS Credit Opportunities Increases Dividend
The firm also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 24th will be paid a $0.0645 dividend. This is a positive change from FS Credit Opportunities's previous monthly dividend of $0.06. This represents a $0.77 annualized dividend and a yield of 11.27%. The ex-dividend date of this dividend is Friday, January 24th.
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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