MFA Wealth Services Purchases Shares of 23,414 FS Credit Opportunities Corp. (NYSE:FSCO)

MFA Wealth Services acquired a new position in shares of FS Credit Opportunities Corp. (NYSE:FSCO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 23,414 shares of the company’s stock, valued at approximately $160,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in FSCO. Advisors Asset Management Inc. boosted 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 buying an additional 127,815 shares during the last quarter. Jane Street Group LLC raised its stake in FS Credit Opportunities by 71.1% during the third quarter. Jane Street Group LLC now owns 24,309 shares of the company’s stock worth $154,000 after purchasing an additional 10,103 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of FS Credit Opportunities by 689.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 106,900 shares of the company’s stock valued at $679,000 after purchasing an additional 93,363 shares during the last quarter. Stifel Financial Corp grew its stake in shares of FS Credit Opportunities by 18.3% during the 3rd quarter. Stifel Financial Corp now owns 133,411 shares of the company’s stock valued at $847,000 after buying an additional 20,666 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in shares of FS Credit Opportunities during the 2nd quarter worth $447,000. Hedge funds and other institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Trading Down 0.5 %

Shares of FS Credit Opportunities stock opened at $7.07 on Friday. The business’s fifty day moving average price is $6.74 and its 200 day moving average price is $6.52. FS Credit Opportunities Corp. has a twelve month low of $5.61 and a twelve month high of $7.12.

FS Credit Opportunities Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 24th will be issued a dividend of $0.0645 per share. The ex-dividend date of this dividend is Friday, January 24th. This represents a $0.77 dividend on an annualized basis and a dividend yield of 10.96%. This is a boost from FS Credit Opportunities’s previous monthly dividend of $0.06.

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.