Orion Portfolio Solutions LLC Has $501,000 Stake in FS Credit Opportunities Corp. (NYSE:FSCO)

Orion Portfolio Solutions LLC grew its holdings in FS Credit Opportunities Corp. (NYSE:FSCOFree Report) by 29.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 89,724 shares of the company’s stock after purchasing an additional 20,600 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in FS Credit Opportunities were worth $501,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in FSCO. Endowment Wealth Management Inc. increased its position in FS Credit Opportunities by 2.8% in the 4th quarter. Endowment Wealth Management Inc. now owns 78,677 shares of the company’s stock worth $446,000 after buying an additional 2,180 shares during the period. Marshall Financial Group LLC increased its position in FS Credit Opportunities by 33.2% during the fourth quarter. Marshall Financial Group LLC now owns 14,592 shares of the company’s stock worth $83,000 after acquiring an additional 3,639 shares during the period. Concord Wealth Partners raised its stake in FS Credit Opportunities by 2.9% during the 4th quarter. Concord Wealth Partners now owns 160,427 shares of the company’s stock valued at $910,000 after purchasing an additional 4,454 shares during the last quarter. Advisory Alpha LLC boosted its holdings in FS Credit Opportunities by 38.7% in the 4th quarter. Advisory Alpha LLC now owns 28,305 shares of the company’s stock valued at $160,000 after purchasing an additional 7,899 shares during the period. Finally, Lido Advisors LLC grew its position in FS Credit Opportunities by 22.1% in the 3rd quarter. Lido Advisors LLC now owns 45,858 shares of the company’s stock worth $249,000 after purchasing an additional 8,305 shares during the last quarter. 36.37% of the stock is currently owned by institutional investors.

Insider Activity

In other FS Credit Opportunities news, Director Keith Bethel purchased 6,500 shares of the business’s stock in a transaction on Wednesday, March 13th. The stock was purchased at an average price of $5.80 per share, for a total transaction of $37,700.00. Following the completion of the purchase, the director now directly owns 11,500 shares in the company, valued at $66,700. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, Director Keith Bethel acquired 6,500 shares of the company’s stock in a transaction on Wednesday, March 13th. The stock was purchased at an average cost of $5.80 per share, for a total transaction of $37,700.00. Following the completion of the purchase, the director now directly owns 11,500 shares of the company’s stock, valued at approximately $66,700. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Barbara J. Fouss acquired 11,000 shares of the business’s stock in a transaction on Monday, March 18th. The shares were bought at an average cost of $5.87 per share, with a total value of $64,570.00. Following the completion of the acquisition, the director now owns 21,130 shares of the company’s stock, valued at approximately $124,033.10. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 21,000 shares of company stock worth $124,320. Corporate insiders own 0.26% of the company’s stock.

FS Credit Opportunities Trading Up 0.2 %

Shares of FSCO stock opened at $6.31 on Friday. FS Credit Opportunities Corp. has a 12 month low of $4.55 and a 12 month high of $6.42. The stock has a 50 day moving average of $6.06 and a two-hundred day moving average of $5.85.

FS Credit Opportunities Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 21st will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, June 21st. This represents a $0.72 annualized dividend and a dividend yield of 11.41%.

About FS Credit Opportunities

(Free Report)

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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Institutional Ownership by Quarter for FS Credit Opportunities (NYSE:FSCO)

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