FS Credit Opportunities Corp. (NYSE:FSCO) Shares Sold by Choreo LLC

Choreo LLC reduced its stake in FS Credit Opportunities Corp. (NYSE:FSCO) by 3.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 443,934 shares of the company’s stock after selling 17,982 shares during the quarter. Choreo LLC owned 0.13% of FS Credit Opportunities worth $3,013,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in FSCO. Advisors Asset Management Inc. increased its stake in FS Credit Opportunities by 159.2% during the 3rd quarter. Advisors Asset Management Inc. now owns 208,106 shares of the company’s stock worth $1,321,000 after buying an additional 127,815 shares during the period. Jane Street Group LLC increased its stake in FS Credit Opportunities by 71.1% during the 3rd 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 purchased a new stake in FS Credit Opportunities during the 4th quarter worth approximately $82,000. PFG Investments LLC increased its stake in FS Credit Opportunities by 92.0% during the 4th quarter. PFG Investments LLC now owns 163,974 shares of the company’s stock worth $1,118,000 after buying an additional 78,570 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its stake in FS Credit Opportunities by 689.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 106,900 shares of the company’s stock worth $679,000 after buying an additional 93,363 shares during the period. 36.37% of the stock is currently owned by institutional investors and hedge funds.

FS Credit Opportunities Stock Down 0.2 %

Shares of FSCO opened at $6.89 on Friday. FS Credit Opportunities Corp. has a fifty-two week low of $5.61 and a fifty-two week high of $7.12. The firm’s 50 day moving average price is $6.80 and its 200 day moving average price is $6.55.

FS Credit Opportunities Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 24th were given a $0.0645 dividend. The ex-dividend date was Friday, January 24th. This is an increase from FS Credit Opportunities’s previous monthly dividend of $0.06. This represents a $0.77 dividend on an annualized basis and a dividend yield of 11.24%.

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.