Sanctuary Advisors LLC Increases Stake in FS Credit Opportunities Corp. (NYSE:FSCO)

Sanctuary Advisors LLC grew its stake in FS Credit Opportunities Corp. (NYSE:FSCO) by 8.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 82,543 shares of the company’s stock after purchasing an additional 6,599 shares during the period. Sanctuary Advisors LLC’s holdings in FS Credit Opportunities were worth $537,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp grew its position in FS Credit Opportunities by 4.8% during the second quarter. Bank of New York Mellon Corp now owns 79,570 shares of the company’s stock valued at $507,000 after buying an additional 3,662 shares during the period. Arkadios Wealth Advisors grew its position in shares of FS Credit Opportunities by 20.6% during the 2nd quarter. Arkadios Wealth Advisors now owns 70,939 shares of the company’s stock valued at $452,000 after acquiring an additional 12,106 shares during the period. Concurrent Investment Advisors LLC increased its stake in shares of FS Credit Opportunities by 18.5% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 66,431 shares of the company’s stock valued at $423,000 after purchasing an additional 10,386 shares in the last quarter. IFG Advisory LLC raised its holdings in FS Credit Opportunities by 15.3% in the 2nd quarter. IFG Advisory LLC now owns 84,551 shares of the company’s stock worth $539,000 after purchasing an additional 11,191 shares during the period. Finally, Anfield Capital Management LLC purchased a new position in FS Credit Opportunities during the second quarter worth approximately $242,000. 36.37% of the stock is owned by hedge funds and other institutional investors.

FS Credit Opportunities Stock Performance

FS Credit Opportunities stock opened at $6.76 on Thursday. The business has a 50 day simple moving average of $6.63 and a 200-day simple moving average of $6.45. FS Credit Opportunities Corp. has a 12 month low of $5.47 and a 12 month high of $6.84.

FS Credit Opportunities Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be paid a $0.06 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 10.65%. The ex-dividend date is Monday, December 23rd.

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.