Bay Colony Advisory Group Inc d b a Bay Colony Advisors Grows Position in FS Credit Opportunities Corp. (NYSE:FSCO)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 101.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,622 shares of the company’s stock after acquiring an additional 16,460 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in FS Credit Opportunities were worth $222,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of FSCO. Spire Wealth Management acquired a new position in shares of FS Credit Opportunities in the 4th quarter valued at $39,000. US Bancorp DE acquired a new position in FS Credit Opportunities during the fourth quarter worth $49,000. PSI Advisors LLC raised its position in FS Credit Opportunities by 118.5% during the fourth quarter. PSI Advisors LLC now owns 7,646 shares of the company’s stock worth $52,000 after acquiring an additional 4,146 shares during the period. Truvestments Capital LLC acquired a new position in FS Credit Opportunities during the third quarter worth $52,000. Finally, Nwam LLC acquired a new position in FS Credit Opportunities during the third quarter worth $66,000. 36.37% of the stock is currently owned by institutional investors and hedge funds.

FS Credit Opportunities Stock Performance

NYSE:FSCO opened at $6.99 on Friday. The company has a fifty day moving average of $6.92 and a two-hundred day moving average of $6.66. FS Credit Opportunities Corp. has a fifty-two week low of $5.65 and a fifty-two week high of $7.12.

FS Credit Opportunities Dividend Announcement

The business also recently disclosed 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 dividend on an annualized basis and a yield of 11.08%. The ex-dividend date is Monday, March 24th.

Insiders Place Their Bets

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, for a total transaction of $34,800.00. Following the completion of the transaction, the director now directly owns 20,000 shares of the company’s stock, valued at approximately $139,200. This represents a 33.33 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.26% of the stock is currently owned by company insiders.

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.