Foundations Investment Advisors LLC Decreases Holdings in FS Credit Opportunities Corp. (NYSE:FSCO)

Foundations Investment Advisors LLC reduced its position in FS Credit Opportunities Corp. (NYSE:FSCO) by 9.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 33,501 shares of the company’s stock after selling 3,586 shares during the period. Foundations Investment Advisors LLC’s holdings in FS Credit Opportunities were worth $228,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Truvestments Capital LLC purchased a new position in FS Credit Opportunities during the 3rd quarter worth $52,000. PSI Advisors LLC boosted its holdings 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 acquiring an additional 4,146 shares in the last quarter. Nwam LLC purchased a new stake in shares of FS Credit Opportunities during the third quarter worth about $66,000. Compass Ion Advisors LLC acquired a new position in shares of FS Credit Opportunities during the third quarter valued at about $81,000. Finally, Park Avenue Securities LLC purchased a new position in shares of FS Credit Opportunities in the 4th quarter valued at approximately $82,000. 36.37% of the stock is owned by hedge funds and other institutional investors.

FS Credit Opportunities Price Performance

NYSE:FSCO opened at $6.80 on Friday. FS Credit Opportunities Corp. has a twelve month low of $5.61 and a twelve month high of $7.12. The company’s 50 day moving average is $6.79 and its two-hundred day moving average is $6.54.

FS Credit Opportunities Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 24th were issued a dividend of $0.0645 per share. The ex-dividend date of this dividend was Friday, January 24th. This is a positive change 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 11.38%.

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.