FS Credit Opportunities Corp. (NYSE:FSCO) Shares Purchased by True North Advisors LLC

Posted by Editorial Team on Jan 24th, 2025

True North Advisors LLC raised its holdings in FS Credit Opportunities Corp. (NYSE:FSCO – Free Report) by 11.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,470 shares of the company’s stock after buying an additional 3,147 shares during the period. True North Advisors LLC’s holdings in FS Credit Opportunities were worth $215,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. PSI Advisors LLC raised its holdings in 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 acquiring an additional 4,146 shares in the last quarter. Truvestments Capital LLC purchased a new stake in shares of FS Credit Opportunities during the 3rd quarter worth $52,000. Nwam LLC purchased a new stake in shares of FS Credit Opportunities during the 3rd quarter worth $66,000. Park Avenue Securities LLC acquired a new position in shares of FS Credit Opportunities during the fourth quarter worth $82,000. Finally, Compass Ion Advisors LLC purchased a new position in FS Credit Opportunities in the third quarter valued at $81,000. Institutional investors and hedge funds own 36.37% of the company’s stock.

FS Credit Opportunities Price Performance

Shares of NYSE FSCO opened at $7.07 on Friday. The stock’s 50-day simple moving average is $6.74 and its 200-day simple moving average is $6.52. 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 company also recently announced a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 24th will be given a $0.0645 dividend. The ex-dividend date is Friday, January 24th. This is a boost from FS Credit Opportunities’s previous monthly dividend of $0.06. This represents a $0.77 dividend on an annualized basis and a dividend yield of 10.96%.

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.