FS Credit Opportunities Corp. (NYSE:FSCO) Shares Acquired by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. boosted its position in FS Credit Opportunities Corp. (NYSE:FSCO) by 0.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 337,076 shares of the company’s stock after purchasing an additional 2,888 shares during the quarter. Stratos Wealth Partners LTD. owned about 0.10% of FS Credit Opportunities worth $2,299,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FSCO. Oregon Pacific Wealth Management LLC purchased a new stake in shares of FS Credit Opportunities in the fourth quarter valued at $224,000. McAdam LLC grew its holdings in FS Credit Opportunities by 23.6% in the 4th quarter. McAdam LLC now owns 78,144 shares of the company’s stock valued at $533,000 after buying an additional 14,935 shares during the period. Spire Wealth Management acquired a new position in shares of FS Credit Opportunities during the 4th quarter valued at about $39,000. Total Clarity Wealth Management Inc. purchased a new position in shares of FS Credit Opportunities during the 4th quarter worth about $113,000. Finally, Dean Jacobson Financial Services LLC boosted its position in shares of FS Credit Opportunities by 66.4% in the fourth quarter. Dean Jacobson Financial Services LLC now owns 42,192 shares of the company’s stock worth $288,000 after acquiring an additional 16,836 shares during the last quarter. 36.37% of the stock is currently owned by hedge funds and other institutional investors.

FS Credit Opportunities Stock Performance

FS Credit Opportunities stock opened at $6.91 on Friday. FS Credit Opportunities Corp. has a 1 year low of $5.61 and a 1 year high of $7.12. The firm has a 50 day moving average price of $6.80 and a 200 day moving average price of $6.55.

FS Credit Opportunities Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 24th were issued a dividend of $0.0645 per share. This represents a $0.77 dividend on an annualized basis and a dividend yield of 11.21%. This is an increase from FS Credit Opportunities’s previous monthly dividend of $0.06. The ex-dividend date was Friday, January 24th.

FS Credit Opportunities Company 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.