16,513 Shares in FS Credit Opportunities Corp. (NYSE:FSCO) Bought by Total Clarity Wealth Management Inc.

Total Clarity Wealth Management Inc. purchased a new stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 16,513 shares of the company’s stock, valued at approximately $113,000.

Several other institutional investors have also bought and sold shares of the business. Advisors Asset Management Inc. increased its position in shares of FS Credit Opportunities by 159.2% during the 3rd quarter. Advisors Asset Management Inc. now owns 208,106 shares of the company’s stock valued at $1,321,000 after purchasing an additional 127,815 shares during the last quarter. Jane Street Group LLC boosted its stake in FS Credit Opportunities by 71.1% during the third quarter. Jane Street Group LLC now owns 24,309 shares of the company’s stock worth $154,000 after buying an additional 10,103 shares during the period. Park Avenue Securities LLC bought a new position in FS Credit Opportunities during the fourth quarter valued at $82,000. Wealth Enhancement Advisory Services LLC increased its position 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 acquiring an additional 93,363 shares during the last quarter. Finally, Grimes & Company Inc. purchased a new stake in shares of FS Credit Opportunities in the fourth quarter valued at $970,000. Institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Stock Down 1.0 %

FSCO stock opened at $6.80 on Friday. FS Credit Opportunities Corp. has a 12 month low of $5.61 and a 12 month high of $7.12. The company has a 50-day moving average price of $6.79 and a 200 day moving average price of $6.54.

FS Credit Opportunities Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 24th were paid 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 was Friday, January 24th. This represents a $0.77 dividend on an annualized basis and a dividend yield of 11.38%.

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.