Vista Finance LLC boosted its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO – Free Report) by 2.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,711,019 shares of the company’s stock after buying an additional 34,190 shares during the period. FS Credit Opportunities comprises 12.0% of Vista Finance LLC’s holdings, making the stock its 2nd biggest position. Vista Finance LLC’s holdings in FS Credit Opportunities were worth $11,669,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently bought and sold shares of FSCO. Spire Wealth Management bought a new stake in FS Credit Opportunities in the 4th quarter worth approximately $39,000. PSI Advisors LLC increased its position in FS Credit Opportunities by 118.5% in the fourth quarter. PSI Advisors LLC now owns 7,646 shares of the company’s stock worth $52,000 after purchasing an additional 4,146 shares during the last quarter. Truvestments Capital LLC purchased a new stake in FS Credit Opportunities during the third quarter valued at $52,000. Nwam LLC bought a new position in FS Credit Opportunities during the third quarter valued at $66,000. Finally, Park Avenue Securities LLC purchased a new position in shares of FS Credit Opportunities in the 4th quarter worth $82,000. 36.37% of the stock is currently owned by institutional investors.
Insider Activity
In other news, Director Keith Bethel purchased 5,000 shares of the company’s stock in a transaction that occurred on Thursday, February 13th. The stock was purchased at an average cost of $6.96 per share, with a total value of $34,800.00. Following the purchase, the director now owns 20,000 shares in the company, valued at approximately $139,200. This trade represents a 33.33 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.26% of the company’s stock.
FS Credit Opportunities Stock Performance
FS Credit Opportunities Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be paid a $0.0645 dividend. This represents a $0.77 annualized dividend and a dividend yield of 11.14%. The ex-dividend date of this dividend is Friday, February 21st.
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.
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