Stifel Financial Corp Purchases 20,666 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

Stifel Financial Corp boosted its position in FS Credit Opportunities Corp. (NYSE:FSCO) by 18.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 133,411 shares of the company’s stock after acquiring an additional 20,666 shares during the period. Stifel Financial Corp’s holdings in FS Credit Opportunities were worth $847,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of FSCO. Bank of New York Mellon Corp grew its stake in shares of FS Credit Opportunities by 4.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 79,570 shares of the company’s stock worth $507,000 after acquiring an additional 3,662 shares in the last quarter. Arkadios Wealth Advisors boosted its position in FS Credit Opportunities by 20.6% in the second quarter. Arkadios Wealth Advisors now owns 70,939 shares of the company’s stock worth $452,000 after purchasing an additional 12,106 shares during the last quarter. Concurrent Investment Advisors LLC increased its position in shares of FS Credit Opportunities by 18.5% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 66,431 shares of the company’s stock valued at $423,000 after purchasing an additional 10,386 shares during the last quarter. IFG Advisory LLC raised its stake in shares of FS Credit Opportunities by 15.3% during the 2nd quarter. IFG Advisory LLC now owns 84,551 shares of the company’s stock worth $539,000 after purchasing an additional 11,191 shares during the period. Finally, Anfield Capital Management LLC purchased a new position in shares of FS Credit Opportunities in the 2nd quarter worth about $242,000. Institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Stock Performance

NYSE FSCO opened at $6.76 on Wednesday. FS Credit Opportunities Corp. has a 52-week low of $5.47 and a 52-week high of $6.84. The company has a 50-day simple moving average of $6.63 and a 200 day simple moving average of $6.45.

FS Credit Opportunities Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd will be given a dividend of $0.06 per share. The ex-dividend date is Monday, December 23rd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 10.65%.

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.