SageView Advisory Group LLC Acquires 9,417 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

SageView Advisory Group LLC raised its holdings in FS Credit Opportunities Corp. (NYSE:FSCO) by 46.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,608 shares of the company’s stock after purchasing an additional 9,417 shares during the period. SageView Advisory Group LLC’s holdings in FS Credit Opportunities were worth $170,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of FSCO. Envestnet Asset Management Inc. boosted its holdings in FS Credit Opportunities by 14.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,289,638 shares of the company’s stock valued at $6,990,000 after purchasing an additional 166,464 shares during the period. LPL Financial LLC lifted its holdings in shares of FS Credit Opportunities by 14.1% during the 3rd quarter. LPL Financial LLC now owns 2,520,064 shares of the company’s stock worth $13,659,000 after acquiring an additional 310,763 shares during the period. Mariner LLC lifted its holdings in shares of FS Credit Opportunities by 9.8% during the 3rd quarter. Mariner LLC now owns 290,154 shares of the company’s stock worth $1,573,000 after acquiring an additional 25,873 shares during the period. Meeder Advisory Services Inc. bought a new stake in shares of FS Credit Opportunities during the 3rd quarter worth approximately $214,000. Finally, Thomas J. Herzfeld Advisors Inc. lifted its holdings in shares of FS Credit Opportunities by 13.0% during the 3rd quarter. Thomas J. Herzfeld Advisors Inc. now owns 4,862,124 shares of the company’s stock worth $26,353,000 after acquiring an additional 558,869 shares during the period. Institutional investors own 36.37% of the company’s stock.

Insider Transactions at FS Credit Opportunities

In other news, Director Barbara J. Fouss purchased 6,000 shares of the business’s stock in a transaction dated Tuesday, June 11th. The stock was bought at an average price of $6.40 per share, with a total value of $38,400.00. Following the acquisition, the director now owns 27,130 shares in the company, valued at approximately $173,632. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.26% of the stock is currently owned by insiders.

FS Credit Opportunities Stock Down 0.2 %

Shares of FS Credit Opportunities stock opened at $6.40 on Friday. The company has a 50 day moving average of $6.18 and a 200-day moving average of $5.91. FS Credit Opportunities Corp. has a 1-year low of $4.59 and a 1-year high of $6.50.

FS Credit Opportunities Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 21st will be issued a dividend of $0.06 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 11.25%. The ex-dividend date of this dividend is Friday, June 21st.

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.