Centerpoint Advisory Group Makes New Investment in FS Credit Opportunities Corp. (NYSE:FSCO)

Centerpoint Advisory Group acquired a new stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 76,875 shares of the company’s stock, valued at approximately $524,000.

A number of other institutional investors and hedge funds have also bought and sold shares of FSCO. Ellis Investment Partners LLC increased its holdings in shares of FS Credit Opportunities by 1.7% in the fourth quarter. Ellis Investment Partners LLC now owns 812,628 shares of the company’s stock worth $5,542,000 after purchasing an additional 13,624 shares during the last quarter. Vista Finance LLC boosted its stake in FS Credit Opportunities by 2.0% during the fourth quarter. Vista Finance LLC now owns 1,711,019 shares of the company’s stock worth $11,669,000 after buying an additional 34,190 shares during the period. AlphaStar Capital Management LLC boosted its stake in shares of FS Credit Opportunities by 7.8% during the 4th quarter. AlphaStar Capital Management LLC now owns 92,301 shares of the company’s stock worth $629,000 after purchasing an additional 6,658 shares during the period. Apollon Wealth Management LLC grew its stake in shares of FS Credit Opportunities by 781.3% during the fourth quarter. Apollon Wealth Management LLC now owns 224,553 shares of the company’s stock valued at $1,531,000 after buying an additional 199,072 shares during the last quarter. Finally, Golden State Wealth Management LLC bought a new position in FS Credit Opportunities in the 4th quarter valued at $262,000. 36.37% of the stock is owned by institutional investors.

FS Credit Opportunities Trading Down 0.1 %

Shares of NYSE FSCO opened at $6.95 on Friday. FS Credit Opportunities Corp. has a 52-week low of $5.61 and a 52-week high of $7.12. The stock has a 50 day moving average price of $6.83 and a 200 day moving average price of $6.58.

FS Credit Opportunities Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be given a $0.0645 dividend. This represents a $0.77 dividend on an annualized basis and a dividend yield of 11.14%. The ex-dividend date is Friday, February 21st.

Insider Buying and Selling

In other news, Director Keith Bethel purchased 5,000 shares of the company’s stock in a transaction on Thursday, February 13th. The shares were acquired at an average price of $6.96 per share, for a total transaction of $34,800.00. Following the purchase, the director now owns 20,000 shares in the company, valued at $139,200. This trade represents a 33.33 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.26% of the stock is currently owned by company insiders.

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.