Global Retirement Partners LLC Boosts Stock Position in FS Credit Opportunities Corp. (NYSE:FSCO)

Global Retirement Partners LLC grew its stake in FS Credit Opportunities Corp. (NYSE:FSCO) by 16.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 169,607 shares of the company’s stock after buying an additional 23,579 shares during the quarter. Global Retirement Partners LLC’s holdings in FS Credit Opportunities were worth $1,157,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of FSCO. Geneos Wealth Management Inc. acquired a new position in shares of FS Credit Opportunities in the 4th quarter valued at about $2,252,000. Apollon Wealth Management LLC lifted its holdings in shares of FS Credit Opportunities by 781.3% in the 4th 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 period. Grimes & Company Inc. acquired a new position in FS Credit Opportunities in the 4th quarter worth about $970,000. Advisors Asset Management Inc. raised 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 period. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in 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 worth $679,000 after purchasing an additional 93,363 shares during the period. Institutional investors and hedge funds own 36.37% of the company’s stock.

Insider Buying and Selling

In other news, Director Keith Bethel bought 5,000 shares of FS Credit Opportunities stock in a transaction on Thursday, February 13th. The stock was acquired at an average price of $6.96 per share, with a total value of $34,800.00. Following the completion of the acquisition, the director now directly owns 20,000 shares of the company’s stock, valued at $139,200. The trade was a 33.33 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.26% of the stock is currently owned by insiders.

FS Credit Opportunities Stock Up 0.1 %

NYSE FSCO opened at $6.97 on Friday. FS Credit Opportunities Corp. has a twelve month low of $5.61 and a twelve month high of $7.12. The stock has a 50-day moving average of $6.86 and a 200 day moving average of $6.60.

FS Credit Opportunities Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be issued 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 yield of 11.11%.

FS Credit Opportunities 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.