A&I Financial Services LLC Buys Shares of 12,618 FS Credit Opportunities Corp. (NYSE:FSCO)

A&I Financial Services LLC bought a new stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 12,618 shares of the company’s stock, valued at approximately $86,000.

Several other institutional investors and hedge funds also recently bought and sold shares of FSCO. Geneos Wealth Management Inc. acquired a new stake in FS Credit Opportunities in the 4th quarter worth approximately $2,252,000. Apollon Wealth Management LLC lifted its holdings in FS Credit Opportunities by 781.3% in the 4th quarter. Apollon Wealth Management LLC now owns 224,553 shares of the company’s stock worth $1,531,000 after purchasing an additional 199,072 shares during the last quarter. Grimes & Company Inc. acquired a new stake in FS Credit Opportunities in the 4th quarter worth approximately $970,000. Advisors Asset Management Inc. lifted its holdings 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 purchasing an additional 127,815 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of FS Credit Opportunities by 689.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 106,900 shares of the company’s stock worth $679,000 after buying an additional 93,363 shares during the last quarter. Hedge funds and other institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Trading Up 0.1 %

Shares of FSCO stock opened at $6.93 on Friday. FS Credit Opportunities Corp. has a 12 month low of $5.61 and a 12 month high of $7.12. The stock has a 50 day moving average of $6.88 and a 200-day moving average of $6.63.

FS Credit Opportunities Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be paid a $0.0645 dividend. The ex-dividend date of this dividend is Friday, February 21st. This represents a $0.77 dividend on an annualized basis and a dividend yield of 11.18%.

Insider Activity at FS Credit Opportunities

In related news, Director Keith Bethel purchased 5,000 shares of the stock in a transaction on Thursday, February 13th. The shares were purchased 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. The trade was a 33.33 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.26% of the stock is currently owned by corporate insiders.

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.