FS Credit Opportunities Corp. (NYSE:FSCO) Shares Acquired by AlphaStar Capital Management LLC

AlphaStar Capital Management LLC lifted its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 7.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 92,301 shares of the company’s stock after buying an additional 6,658 shares during the period. AlphaStar Capital Management LLC’s holdings in FS Credit Opportunities were worth $629,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Spire Wealth Management acquired a new stake in FS Credit Opportunities during the 4th quarter worth about $39,000. Truvestments Capital LLC purchased a new position in shares of FS Credit Opportunities in the third quarter worth about $52,000. PSI Advisors LLC lifted its holdings in shares of FS Credit Opportunities by 118.5% during 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 period. Nwam LLC acquired a new position in FS Credit Opportunities in the 3rd quarter worth approximately $66,000. Finally, Compass Ion Advisors LLC purchased a new position in FS Credit Opportunities during the 3rd quarter worth approximately $81,000. 36.37% of the stock is owned by hedge funds and other institutional investors.

FS Credit Opportunities Stock Up 0.2 %

FSCO stock opened at $6.91 on Friday. FS Credit Opportunities Corp. has a 12 month low of $5.61 and a 12 month high of $7.12. The firm’s fifty day simple moving average is $6.80 and its 200-day simple moving average is $6.56.

FS Credit Opportunities Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 24th were issued a $0.0645 dividend. This represents a $0.77 annualized dividend and a yield of 11.21%. This is a positive change from FS Credit Opportunities’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Friday, January 24th.

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.