Sanctuary Advisors LLC Grows Position in FS Credit Opportunities Corp. (NYSE:FSCO)

Sanctuary Advisors LLC grew its stake in FS Credit Opportunities Corp. (NYSE:FSCO) by 8.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 82,543 shares of the company’s stock after buying an additional 6,599 shares during the period. Sanctuary Advisors LLC’s holdings in FS Credit Opportunities were worth $537,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Advisors Asset Management Inc. raised its stake in FS Credit Opportunities by 159.2% in the 3rd quarter. Advisors Asset Management Inc. now owns 208,106 shares of the company’s stock worth $1,321,000 after acquiring an additional 127,815 shares during the last quarter. Concorde Asset Management LLC raised its stake in shares of FS Credit Opportunities by 454.5% in the second quarter. Concorde Asset Management LLC now owns 98,089 shares of the company’s stock worth $625,000 after purchasing an additional 80,400 shares during the last quarter. Vista Finance LLC lifted its holdings in shares of FS Credit Opportunities by 865.7% during the second quarter. Vista Finance LLC now owns 1,609,868 shares of the company’s stock worth $10,255,000 after purchasing an additional 1,443,169 shares during the period. Private Advisor Group LLC boosted its position in FS Credit Opportunities by 165.9% in the second quarter. Private Advisor Group LLC now owns 770,255 shares of the company’s stock valued at $4,907,000 after buying an additional 480,537 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in FS Credit Opportunities by 3.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,854,560 shares of the company’s stock worth $11,814,000 after buying an additional 64,734 shares during the period. 36.37% of the stock is currently owned by institutional investors and hedge funds.

FS Credit Opportunities Price Performance

FSCO opened at $6.76 on Thursday. The firm has a 50 day moving average of $6.63 and a two-hundred day moving average of $6.45. FS Credit Opportunities Corp. has a 12-month low of $5.47 and a 12-month high of $6.84.

FS Credit Opportunities Dividend Announcement

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

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.