Kingswood Wealth Advisors LLC Buys 46,923 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

Kingswood Wealth Advisors LLC lifted its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 105.0% in the 4th quarter, HoldingsChannel reports. The firm owned 91,612 shares of the company’s stock after buying an additional 46,923 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in FS Credit Opportunities were worth $625,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the stock. Geneos Wealth Management Inc. bought a new stake in shares of FS Credit Opportunities in the fourth quarter valued at $2,252,000. Grimes & Company Inc. purchased a new stake in FS Credit Opportunities in the 4th quarter worth about $970,000. Advisors Asset Management Inc. raised its stake 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 valued at $1,321,000 after acquiring an additional 127,815 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in 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 valued at $679,000 after purchasing an additional 93,363 shares during the last quarter. Finally, PFG Investments LLC boosted its position in FS Credit Opportunities by 92.0% during the fourth quarter. PFG Investments LLC now owns 163,974 shares of the company’s stock worth $1,118,000 after purchasing an additional 78,570 shares during the period. Institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Trading Down 0.9 %

FSCO opened at $6.82 on Thursday. The firm has a 50-day moving average price of $6.77 and a 200-day moving average price of $6.53. 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 will be paid on Friday, January 31st. Shareholders of record on Friday, January 24th will be issued a dividend of $0.0645 per share. This is a boost from FS Credit Opportunities’s previous monthly dividend of $0.06. 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 11.36%.

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.