ORG Partners LLC Acquires 39,511 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

ORG Partners LLC lifted its holdings in FS Credit Opportunities Corp. (NYSE:FSCO) by 2,706.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,971 shares of the company’s stock after purchasing an additional 39,511 shares during the quarter. ORG Partners LLC’s holdings in FS Credit Opportunities were worth $279,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its stake in FS Credit Opportunities by 3.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,854,560 shares of the company’s stock valued at $11,814,000 after buying an additional 64,734 shares during the last quarter. Vista Finance LLC increased its position in shares of FS Credit Opportunities by 4.2% in the third quarter. Vista Finance LLC now owns 1,676,829 shares of the company’s stock valued at $10,648,000 after acquiring an additional 66,961 shares during the last quarter. Ellis Investment Partners LLC raised its holdings in FS Credit Opportunities by 1.1% during the third quarter. Ellis Investment Partners LLC now owns 799,004 shares of the company’s stock worth $5,074,000 after acquiring an additional 8,447 shares in the last quarter. Private Advisor Group LLC boosted its position in FS Credit Opportunities by 1.4% during the third quarter. Private Advisor Group LLC now owns 781,108 shares of the company’s stock valued at $4,960,000 after purchasing an additional 10,853 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC grew its stake in FS Credit Opportunities by 31.1% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 257,708 shares of the company’s stock valued at $1,636,000 after purchasing an additional 61,103 shares in the last quarter. Institutional investors and hedge funds own 36.37% of the company’s stock.

FS Credit Opportunities Trading Up 0.6 %

Shares of FS Credit Opportunities stock opened at $6.82 on Friday. FS Credit Opportunities Corp. has a 12-month low of $5.47 and a 12-month high of $6.91. The business’s 50 day moving average is $6.67 and its 200-day moving average is $6.49.

FS Credit Opportunities Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 24th will be paid a $0.0645 dividend. The ex-dividend date of this dividend is Friday, January 24th. This represents a $0.77 dividend on an annualized basis and a yield of 11.35%. 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.