Dean Jacobson Financial Services LLC Has $288,000 Stock Holdings in FS Credit Opportunities Corp. (NYSE:FSCO)

Dean Jacobson Financial Services LLC increased its stake in FS Credit Opportunities Corp. (NYSE:FSCO) by 66.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,192 shares of the company’s stock after buying an additional 16,836 shares during the period. FS Credit Opportunities accounts for 0.2% of Dean Jacobson Financial Services LLC’s portfolio, making the stock its 8th largest position. Dean Jacobson Financial Services LLC’s holdings in FS Credit Opportunities were worth $288,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Geneos Wealth Management Inc. bought a new position in shares of FS Credit Opportunities during the fourth quarter valued at approximately $2,252,000. Grimes & Company Inc. purchased a new stake in shares of FS Credit Opportunities during the fourth quarter valued at approximately $970,000. Advisors Asset Management Inc. grew its holdings in shares of FS Credit Opportunities by 159.2% during the third quarter. Advisors Asset Management Inc. now owns 208,106 shares of the company’s stock valued at $1,321,000 after buying an additional 127,815 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of FS Credit Opportunities by 689.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 106,900 shares of the company’s stock valued at $679,000 after buying an additional 93,363 shares during the last quarter. Finally, PFG Investments LLC boosted its holdings in FS Credit Opportunities by 92.0% in the fourth quarter. PFG Investments LLC now owns 163,974 shares of the company’s stock worth $1,118,000 after purchasing an additional 78,570 shares during the last quarter. 36.37% of the stock is owned by institutional investors.

FS Credit Opportunities Stock Down 1.2 %

NYSE:FSCO opened at $6.87 on Wednesday. FS Credit Opportunities Corp. has a 12 month low of $5.61 and a 12 month high of $7.12. The company has a 50 day simple moving average of $6.77 and a two-hundred day simple moving average of $6.53.

FS Credit Opportunities Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 24th will be given a $0.0645 dividend. This represents a $0.77 dividend on an annualized basis and a yield of 11.27%. The ex-dividend date is 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.