ORG Partners LLC Has $279,000 Position in FS Credit Opportunities Corp. (NYSE:FSCO)

ORG Partners LLC grew its stake in FS Credit Opportunities Corp. (NYSE:FSCO) by 2,706.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 40,971 shares of the company’s stock after acquiring an additional 39,511 shares during the quarter. ORG Partners LLC’s holdings in FS Credit Opportunities were worth $279,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Truvestments Capital LLC acquired a new stake in FS Credit Opportunities in the third quarter worth $52,000. Nwam LLC bought a new stake in shares of FS Credit Opportunities in the 3rd quarter valued at $66,000. SYM FINANCIAL Corp acquired a new stake in FS Credit Opportunities during the 2nd quarter worth $76,000. Compass Ion Advisors LLC bought a new position in FS Credit Opportunities during the third quarter worth about $81,000. Finally, Ironwood Financial llc acquired a new position in FS Credit Opportunities in the third quarter valued at about $89,000. 36.37% of the stock is currently owned by institutional investors and hedge funds.

FS Credit Opportunities Stock Up 0.6 %

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

FS Credit Opportunities Increases Dividend

The business 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 an increase from FS Credit Opportunities’s previous monthly dividend of $0.06. This represents a $0.77 annualized dividend and a yield of 11.35%. The ex-dividend date is Friday, January 24th.

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.