International Assets Investment Management LLC Raises Stake in FS Credit Opportunities Corp. (NYSE:FSCO)

International Assets Investment Management LLC increased its stake in FS Credit Opportunities Corp. (NYSE:FSCO) by 365.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 71,811 shares of the company’s stock after buying an additional 56,396 shares during the period. International Assets Investment Management LLC’s holdings in FS Credit Opportunities were worth $407,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Blue Bell Private Wealth Management LLC boosted its holdings in shares of FS Credit Opportunities by 241.2% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 9,478 shares of the company’s stock worth $51,000 after buying an additional 6,700 shares during the last quarter. Marshall Financial Group LLC purchased a new position in shares of FS Credit Opportunities in the 3rd quarter worth about $59,000. First Heartland Consultants Inc. purchased a new stake in FS Credit Opportunities during the third quarter valued at about $66,000. Vista Finance LLC purchased a new stake in FS Credit Opportunities during the third quarter valued at about $68,000. Finally, MBM Wealth Consultants LLC purchased a new stake in FS Credit Opportunities during the third quarter valued at about $70,000. 36.37% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at FS Credit Opportunities

In other FS Credit Opportunities news, Director Barbara J. Fouss acquired 11,000 shares of the company’s stock in a transaction on Monday, March 18th. The shares were acquired 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 directly owns 21,130 shares in the company, valued at $124,033.10. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. In other FS Credit Opportunities news, Director Barbara J. Fouss acquired 11,000 shares of the company’s stock in a transaction on Monday, March 18th. The shares were acquired 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 directly owns 21,130 shares in the company, valued at $124,033.10. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Keith Bethel purchased 6,500 shares of the stock in a transaction dated 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 acquisition, the director now owns 11,500 shares of the company’s stock, valued at approximately $66,700. The disclosure for this purchase can be found here. Insiders own 0.26% of the company’s stock.

FS Credit Opportunities Stock Down 0.5 %

NYSE FSCO opened at $5.82 on Friday. FS Credit Opportunities Corp. has a 52 week low of $4.14 and a 52 week high of $6.04. The firm’s 50-day simple moving average is $5.82 and its two-hundred day simple moving average is $5.71.

FS Credit Opportunities Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 23rd will be issued a dividend of $0.06 per share. This represents a $0.72 annualized dividend and a yield of 12.37%. The ex-dividend date is Monday, April 22nd.

FS Credit Opportunities Company 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.