11,512 Shares in FS Credit Opportunities Corp. (NYSE:FSCO) Bought by Bay Colony Advisory Group Inc d b a Bay Colony Advisors

Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in shares of FS Credit Opportunities Corp. (NYSE:FSCO) in the second quarter, HoldingsChannel.com reports. The firm purchased 11,512 shares of the company’s stock, valued at approximately $73,000.

A number of other large investors have also recently bought and sold shares of FSCO. Nomura Holdings Inc. lifted its stake in shares of FS Credit Opportunities by 1,134.0% in the 4th quarter. Nomura Holdings Inc. now owns 6,755,907 shares of the company’s stock valued at $38,306,000 after purchasing an additional 6,208,428 shares during the period. Cambridge Investment Research Advisors Inc. lifted its stake in FS Credit Opportunities by 9.3% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 5,844,114 shares of the company’s stock valued at $34,656,000 after buying an additional 495,409 shares during the period. Cetera Investment Advisers boosted its holdings in shares of FS Credit Opportunities by 2,693.8% during the 1st quarter. Cetera Investment Advisers now owns 3,050,684 shares of the company’s stock worth $18,091,000 after buying an additional 2,941,488 shares in the last quarter. Avantax Advisory Services Inc. grew its position in shares of FS Credit Opportunities by 147.8% during the 4th quarter. Avantax Advisory Services Inc. now owns 1,728,576 shares of the company’s stock worth $9,801,000 after buying an additional 1,030,881 shares during the period. Finally, Cetera Advisors LLC increased its stake in shares of FS Credit Opportunities by 2.3% in the 1st quarter. Cetera Advisors LLC now owns 1,294,009 shares of the company’s stock valued at $7,673,000 after acquiring an additional 28,563 shares in the last quarter. 36.37% of the stock is currently owned by institutional investors and hedge funds.

FS Credit Opportunities Trading Down 1.1 %

FS Credit Opportunities stock opened at $6.29 on Friday. The firm’s fifty day moving average is $6.33 and its 200 day moving average is $6.10. FS Credit Opportunities Corp. has a 12-month low of $5.00 and a 12-month high of $6.64.

FS Credit Opportunities Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, August 30th. Stockholders of record on Friday, August 23rd will be issued a dividend of $0.06 per share. The ex-dividend date is Friday, August 23rd. This represents a $0.72 annualized dividend and a dividend yield of 11.45%.

Insider Transactions at FS Credit Opportunities

In other news, Director Barbara J. Fouss bought 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 11th. The stock was acquired at an average cost of $6.40 per share, with a total value of $38,400.00. Following the transaction, the director now directly owns 27,130 shares of the company’s stock, valued at approximately $173,632. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.26% of the company’s stock.

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.