Allworth Financial LP Increases Stock Holdings in FS Credit Opportunities Corp. (NYSE:FSCO)

Allworth Financial LP boosted its position in FS Credit Opportunities Corp. (NYSE:FSCO) by 18.6% during the 4th quarter, HoldingsChannel reports. The firm owned 45,792 shares of the company’s stock after purchasing an additional 7,176 shares during the period. Allworth Financial LP’s holdings in FS Credit Opportunities were worth $325,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Vista Finance LLC lifted its position in shares of FS Credit Opportunities by 2.0% during the 4th quarter. Vista Finance LLC now owns 1,711,019 shares of the company’s stock valued at $11,669,000 after buying an additional 34,190 shares in the last quarter. Ellis Investment Partners LLC lifted its position in shares of FS Credit Opportunities by 1.7% during the 4th quarter. Ellis Investment Partners LLC now owns 812,628 shares of the company’s stock valued at $5,542,000 after buying an additional 13,624 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of FS Credit Opportunities by 1.4% during the 3rd quarter. Private Advisor Group LLC now owns 781,108 shares of the company’s stock valued at $4,960,000 after buying an additional 10,853 shares in the last quarter. Stratos Wealth Partners LTD. lifted its position in shares of FS Credit Opportunities by 0.9% during the 4th quarter. Stratos Wealth Partners LTD. now owns 337,076 shares of the company’s stock valued at $2,299,000 after buying an additional 2,888 shares in the last quarter. Finally, Geneos Wealth Management Inc. purchased a new position in shares of FS Credit Opportunities during the 4th quarter valued at about $2,252,000. 36.37% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other FS Credit Opportunities news, Director Keith Bethel bought 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 13th. The shares were bought at an average price of $6.96 per share, with a total value of $34,800.00. Following the purchase, the director now owns 20,000 shares of the company’s stock, valued at $139,200. This trade represents a 33.33 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.26% of the company’s stock.

FS Credit Opportunities Stock Up 0.1 %

FSCO stock opened at $6.97 on Friday. FS Credit Opportunities Corp. has a twelve month low of $5.61 and a twelve month high of $7.12. The business’s 50-day moving average price is $6.86 and its 200-day moving average price is $6.60.

FS Credit Opportunities Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be given a dividend of $0.0645 per share. The ex-dividend date is Friday, February 21st. This represents a $0.77 dividend on an annualized basis and a dividend yield of 11.11%.

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.