7,129 Shares in FS Credit Opportunities Corp. (NYSE:FSCO) Purchased by US Bancorp DE

US Bancorp DE purchased a new position in FS Credit Opportunities Corp. (NYSE:FSCO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 7,129 shares of the company’s stock, valued at approximately $49,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Geneos Wealth Management Inc. bought a new position in shares of FS Credit Opportunities in the 4th quarter worth $2,252,000. Apollon Wealth Management LLC grew its stake in shares of FS Credit Opportunities by 781.3% during the fourth quarter. Apollon Wealth Management LLC now owns 224,553 shares of the company’s stock worth $1,531,000 after acquiring an additional 199,072 shares during the last quarter. Grimes & Company Inc. acquired a new position in shares of FS Credit Opportunities in the 4th quarter valued at $970,000. Advisors Asset Management Inc. lifted 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 worth $1,321,000 after purchasing an additional 127,815 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its position in FS Credit Opportunities by 689.7% in 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. 36.37% of the stock is currently owned by institutional investors.

FS Credit Opportunities Price Performance

FSCO opened at $6.96 on Wednesday. FS Credit Opportunities Corp. has a 12-month low of $5.66 and a 12-month high of $7.12. The firm has a 50 day moving average of $6.94 and a two-hundred day moving average of $6.70.

FS Credit Opportunities Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 24th will be given a dividend of $0.0645 per share. This represents a $0.77 annualized dividend and a yield of 11.13%. The ex-dividend date of this dividend is Monday, March 24th.

Insider Buying and Selling at FS Credit Opportunities

In other FS Credit Opportunities news, Director Keith Bethel bought 5,000 shares of FS Credit Opportunities stock in a transaction dated Thursday, February 13th. The stock was acquired at an average cost of $6.96 per share, with a total value of $34,800.00. Following the purchase, the director now directly owns 20,000 shares in the company, valued at $139,200. This represents a 33.33 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 0.26% of the stock is currently owned by corporate insiders.

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.