Sit Investment Associates Inc. Sells 30,778 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

Sit Investment Associates Inc. trimmed its position in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 0.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,035,142 shares of the company’s stock after selling 30,778 shares during the period. FS Credit Opportunities makes up approximately 0.8% of Sit Investment Associates Inc.’s holdings, making the stock its 22nd biggest holding. Sit Investment Associates Inc. owned approximately 1.47% of FS Credit Opportunities worth $34,340,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC grew its position in FS Credit Opportunities by 0.8% in the fourth quarter. LPL Financial LLC now owns 2,710,617 shares of the company’s stock worth $18,486,000 after acquiring an additional 22,441 shares in the last quarter. Avantax Advisory Services Inc. lifted its stake in shares of FS Credit Opportunities by 0.9% in the 4th quarter. Avantax Advisory Services Inc. now owns 1,944,373 shares of the company’s stock valued at $13,261,000 after purchasing an additional 18,020 shares during the last quarter. Vista Finance LLC boosted its holdings in shares of FS Credit Opportunities by 2.0% in the 4th quarter. Vista Finance LLC now owns 1,711,019 shares of the company’s stock worth $11,669,000 after purchasing an additional 34,190 shares during the period. Ellis Investment Partners LLC increased its position in shares of FS Credit Opportunities by 1.7% during the 4th quarter. Ellis Investment Partners LLC now owns 812,628 shares of the company’s stock valued at $5,542,000 after purchasing an additional 13,624 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its holdings in FS Credit Opportunities by 146.5% during the 4th quarter. Advisors Asset Management Inc. now owns 513,008 shares of the company’s stock valued at $3,499,000 after buying an additional 304,902 shares during the period. 36.37% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other FS Credit Opportunities news, Director Keith Bethel bought 5,000 shares of the business’s stock in a transaction dated Thursday, February 13th. The shares were purchased at an average price of $6.96 per share, with a total value of $34,800.00. Following the completion of the purchase, the director now owns 20,000 shares in the company, valued at $139,200. This represents a 33.33 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.26% of the stock is currently owned by corporate insiders.

FS Credit Opportunities Stock Down 10.7 %

NYSE FSCO opened at $6.10 on Friday. FS Credit Opportunities Corp. has a 52 week low of $5.66 and a 52 week high of $7.16. The company has a fifty day moving average of $6.95 and a two-hundred day moving average of $6.76.

FS Credit Opportunities Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 24th were issued a dividend of $0.0645 per share. The ex-dividend date of this dividend was Monday, March 24th. This represents a $0.77 annualized dividend and a yield of 12.69%.

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.