Perigon Wealth Management LLC Reduces Stock Holdings in FS Credit Opportunities Corp. (NYSE:FSCO)

Perigon Wealth Management LLC cut its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 5.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 28,881 shares of the company’s stock after selling 1,531 shares during the period. Perigon Wealth Management LLC’s holdings in FS Credit Opportunities were worth $202,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Venture Visionary Partners LLC increased its holdings in shares of FS Credit Opportunities by 10.1% in the third quarter. Venture Visionary Partners LLC now owns 17,358 shares of the company’s stock worth $110,000 after purchasing an additional 1,587 shares during the last quarter. Cornerstone Wealth Management LLC boosted its holdings in shares of FS Credit Opportunities by 0.7% in the third quarter. Cornerstone Wealth Management LLC now owns 247,720 shares of the company’s stock valued at $1,573,000 after purchasing an additional 1,687 shares during the period. McAdam LLC boosted its holdings in shares of FS Credit Opportunities by 4.4% in the third quarter. McAdam LLC now owns 63,209 shares of the company’s stock valued at $401,000 after purchasing an additional 2,645 shares during the period. Creative Planning raised its stake in FS Credit Opportunities by 2.5% in the second quarter. Creative Planning now owns 117,475 shares of the company’s stock worth $748,000 after buying an additional 2,816 shares in the last quarter. Finally, True North Advisors LLC raised its stake 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 worth $215,000 after buying an additional 3,147 shares in the last quarter. 36.37% of the stock is currently owned by institutional investors.

FS Credit Opportunities Stock Up 1.0 %

Shares of FSCO stock opened at $6.86 on Tuesday. FS Credit Opportunities Corp. has a 12-month low of $5.61 and a 12-month high of $7.12. The business’s fifty day simple moving average is $6.79 and its 200-day simple moving average is $6.54.

FS Credit Opportunities Increases Dividend

The business 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. The ex-dividend date of this dividend was Friday, January 24th. This is a positive change from FS Credit Opportunities’s previous monthly dividend of $0.06. This represents a $0.77 dividend on an annualized basis and a dividend yield of 11.29%.

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.