Harbour Investments Inc. Buys 28,683 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

Harbour Investments Inc. raised its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 7.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 407,183 shares of the company’s stock after acquiring an additional 28,683 shares during the quarter. Harbour Investments Inc. owned approximately 0.12% of FS Credit Opportunities worth $2,777,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FSCO. Noble Wealth Management PBC bought a new position in shares of FS Credit Opportunities during the fourth quarter valued at $3,255,000. Raymond James Financial Inc. bought a new position in shares of FS Credit Opportunities during the fourth quarter valued at $3,128,000. Geneos Wealth Management Inc. bought a new position in shares of FS Credit Opportunities in the fourth quarter valued at about $2,252,000. Apollon Wealth Management LLC raised its holdings in shares of FS Credit Opportunities by 781.3% in the fourth quarter. Apollon Wealth Management LLC now owns 224,553 shares of the company’s stock valued at $1,531,000 after buying an additional 199,072 shares during the last quarter. Finally, Grimes & Company Inc. bought a new position in shares of FS Credit Opportunities in the fourth quarter valued at about $970,000. 36.37% of the stock is owned by institutional investors.

Insider Activity at FS Credit Opportunities

In other news, Director Keith Bethel acquired 5,000 shares of the company’s stock in a transaction on Thursday, February 13th. The stock was purchased at an average cost of $6.96 per share, with a total value of $34,800.00. Following the acquisition, the director now owns 20,000 shares of the company’s stock, valued at $139,200. This trade represents a 33.33 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.26% of the stock is currently owned by company insiders.

FS Credit Opportunities Stock Up 0.9 %

FS Credit Opportunities stock opened at $6.97 on Monday. The stock has a 50-day simple moving average of $6.93 and a 200 day simple moving average of $6.69. FS Credit Opportunities Corp. has a 12-month low of $5.66 and a 12-month high of $7.12.

FS Credit Opportunities Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 24th will be issued a $0.0645 dividend. The ex-dividend date of this dividend is Monday, March 24th. This represents a $0.77 dividend on an annualized basis and a dividend yield of 11.11%.

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.