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

Sanctuary Advisors LLC raised its position in FS Credit Opportunities Corp. (NYSE:FSCO) by 87.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 154,687 shares of the company’s stock after purchasing an additional 72,144 shares during the quarter. Sanctuary Advisors LLC’s holdings in FS Credit Opportunities were worth $1,063,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Consolidated Portfolio Review Corp raised its position in FS Credit Opportunities by 1.8% in the fourth quarter. Consolidated Portfolio Review Corp now owns 101,909 shares of the company’s stock valued at $695,000 after purchasing an additional 1,827 shares during the last quarter. Stratos Wealth Partners LTD. raised its position in FS Credit Opportunities by 0.9% in the fourth quarter. Stratos Wealth Partners LTD. now owns 337,076 shares of the company’s stock valued at $2,299,000 after purchasing an additional 2,888 shares during the last quarter. True North Advisors LLC raised its position in FS Credit Opportunities by 11.1% in the fourth quarter. True North Advisors LLC now owns 31,470 shares of the company’s stock valued at $215,000 after purchasing an additional 3,147 shares during the last quarter. Moors & Cabot Inc. increased its stake in shares of FS Credit Opportunities by 12.0% in the third quarter. Moors & Cabot Inc. now owns 29,619 shares of the company’s stock valued at $188,000 after buying an additional 3,163 shares during the period. Finally, PSI Advisors LLC increased its stake in shares of 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 buying an additional 4,146 shares during the period. 36.37% of the stock is currently owned by institutional investors.

FS Credit Opportunities Price Performance

Shares of FSCO stock opened at $6.92 on Thursday. The stock has a 50-day moving average of $6.87 and a 200-day moving average of $6.62. FS Credit Opportunities Corp. has a 1-year low of $5.61 and a 1-year high of $7.12.

FS Credit Opportunities Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be paid a $0.0645 dividend. The ex-dividend date is Friday, February 21st. This represents a $0.77 annualized dividend and a dividend yield of 11.19%.

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 stock was acquired at an average price of $6.96 per share, with a total value of $34,800.00. Following the completion of the purchase, the director now directly owns 20,000 shares of the company’s stock, valued at approximately $139,200. This trade represents a 33.33 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.26% of the company’s stock.

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.