Centerpoint Advisory Group Purchases Shares of 76,875 FS Credit Opportunities Corp. (NYSE:FSCO)

Centerpoint Advisory Group acquired a new position in shares of FS Credit Opportunities Corp. (NYSE:FSCO) in the fourth quarter, HoldingsChannel reports. The fund acquired 76,875 shares of the company’s stock, valued at approximately $524,000.

Other large investors also recently modified their holdings of the company. Venture Visionary Partners LLC raised its holdings in shares of FS Credit Opportunities by 10.1% during the 3rd quarter. Venture Visionary Partners LLC now owns 17,358 shares of the company’s stock valued at $110,000 after buying an additional 1,587 shares during the period. Consolidated Portfolio Review Corp boosted its holdings in shares of FS Credit Opportunities by 1.8% in the 4th quarter. Consolidated Portfolio Review Corp now owns 101,909 shares of the company’s stock valued at $695,000 after buying an additional 1,827 shares during the period. McAdam LLC grew its holdings in shares of FS Credit Opportunities by 4.4% during the third quarter. McAdam LLC now owns 63,209 shares of the company’s stock valued at $401,000 after purchasing an additional 2,645 shares during the last quarter. Stratos Wealth Partners LTD. grew its stake in FS Credit Opportunities by 0.9% during the 4th quarter. Stratos Wealth Partners LTD. now owns 337,076 shares of the company’s stock worth $2,299,000 after buying an additional 2,888 shares during the last quarter. Finally, True North Advisors LLC increased its holdings in shares of FS Credit Opportunities by 11.1% in the 4th quarter. True North Advisors LLC now owns 31,470 shares of the company’s stock worth $215,000 after acquiring an additional 3,147 shares during the period. 36.37% of the stock is currently owned by hedge funds and other institutional investors.

FS Credit Opportunities Stock Down 0.1 %

Shares of FS Credit Opportunities stock opened at $6.95 on Friday. FS Credit Opportunities Corp. has a 1-year low of $5.61 and a 1-year high of $7.12. The business’s fifty day moving average price is $6.83 and its two-hundred day moving average price is $6.58.

FS Credit Opportunities Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be given a dividend of $0.0645 per share. The ex-dividend date is Friday, February 21st. This represents a $0.77 dividend on an annualized basis and a dividend yield of 11.14%.

Insider Activity

In related news, Director Keith Bethel purchased 5,000 shares of the stock in a transaction dated Thursday, February 13th. The shares were acquired at an average cost of $6.96 per share, for a total transaction of $34,800.00. Following the acquisition, the director now directly owns 20,000 shares in the company, valued at approximately $139,200. The trade was a 33.33 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.26% of the stock is currently owned by company insiders.

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.