Stratos Wealth Partners LTD. Boosts Position in FS Credit Opportunities Corp. (NYSE:FSCO)

Stratos Wealth Partners LTD. grew its holdings in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 0.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 337,076 shares of the company’s stock after purchasing an additional 2,888 shares during the period. Stratos Wealth Partners LTD.’s holdings in FS Credit Opportunities were worth $2,299,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Venture Visionary Partners LLC raised its position in FS Credit Opportunities by 10.1% in the third quarter. Venture Visionary Partners LLC now owns 17,358 shares of the company’s stock valued at $110,000 after purchasing an additional 1,587 shares during the period. Cornerstone Wealth Management LLC grew its stake 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 buying an additional 1,687 shares in the last quarter. McAdam LLC raised its holdings in shares of FS Credit Opportunities by 4.4% during the 3rd quarter. McAdam LLC now owns 63,209 shares of the company’s stock valued at $401,000 after buying an additional 2,645 shares during the period. Creative Planning grew its position in FS Credit Opportunities by 2.5% in the second quarter. Creative Planning now owns 117,475 shares of the company’s stock valued at $748,000 after acquiring an additional 2,816 shares in the last quarter. Finally, True North Advisors LLC raised its stake in shares of FS Credit Opportunities by 11.1% during the fourth quarter. True North Advisors LLC now owns 31,470 shares of the company’s stock valued at $215,000 after purchasing an additional 3,147 shares during the period. Institutional investors and hedge funds own 36.37% of the company’s stock.

FS Credit Opportunities Stock Performance

Shares of FSCO stock opened at $6.91 on Friday. The firm has a fifty day simple moving average of $6.80 and a 200-day simple moving average of $6.55. 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 firm also recently announced a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 24th were given a dividend of $0.0645 per share. This represents a $0.77 dividend on an annualized basis and a dividend yield of 11.21%. This is a positive change from FS Credit Opportunities’s previous monthly dividend of $0.06. The ex-dividend date was Friday, January 24th.

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.