Sanctuary Advisors LLC Buys 72,144 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

Sanctuary Advisors LLC boosted its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 87.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 154,687 shares of the company’s stock after purchasing an additional 72,144 shares during the period. Sanctuary Advisors LLC’s holdings in FS Credit Opportunities were worth $1,063,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in FSCO. Consolidated Portfolio Review Corp boosted its position in FS Credit Opportunities by 1.8% during the fourth quarter. Consolidated Portfolio Review Corp now owns 101,909 shares of the company’s stock worth $695,000 after purchasing an additional 1,827 shares during the period. Stratos Wealth Partners LTD. boosted its position in FS Credit Opportunities by 0.9% during the fourth quarter. Stratos Wealth Partners LTD. now owns 337,076 shares of the company’s stock worth $2,299,000 after purchasing an additional 2,888 shares during the period. True North Advisors LLC boosted its position in FS Credit Opportunities by 11.1% during the fourth quarter. True North Advisors LLC now owns 31,470 shares of the company’s stock worth $215,000 after purchasing an additional 3,147 shares during the period. Moors & Cabot Inc. boosted its position in FS Credit Opportunities by 12.0% during the third quarter. Moors & Cabot Inc. now owns 29,619 shares of the company’s stock worth $188,000 after purchasing an additional 3,163 shares during the period. Finally, PSI Advisors LLC boosted its position in FS Credit Opportunities by 118.5% during the fourth quarter. PSI Advisors LLC now owns 7,646 shares of the company’s stock worth $52,000 after purchasing an additional 4,146 shares during the period. Institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Trading Down 0.6 %

Shares of NYSE:FSCO opened at $6.92 on Thursday. FS Credit Opportunities Corp. has a twelve month low of $5.61 and a twelve month high of $7.12. The company has a 50-day moving average price of $6.87 and a two-hundred day moving average price of $6.62.

FS Credit Opportunities Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be given a dividend of $0.0645 per share. The ex-dividend date of this dividend is Friday, February 21st. This represents a $0.77 dividend on an annualized basis and a yield of 11.19%.

Insiders Place Their Bets

In other news, Director Keith Bethel acquired 5,000 shares of the business’s stock in a transaction dated Thursday, February 13th. The stock was bought at an average cost of $6.96 per share, for a total transaction of $34,800.00. Following the completion of the transaction, the director now owns 20,000 shares of the company’s stock, valued at $139,200. The trade was a 33.33 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.26% of the company’s stock.

About FS Credit Opportunities

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.