Stewardship Advisors LLC Reduces Stock Holdings in FS Credit Opportunities Corp. (NYSE:FSCO)

Stewardship Advisors LLC lessened its stake in FS Credit Opportunities Corp. (NYSE:FSCO) by 28.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,109 shares of the company’s stock after selling 3,983 shares during the quarter. Stewardship Advisors LLC’s holdings in FS Credit Opportunities were worth $69,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. PSI Advisors LLC boosted its stake in shares of FS Credit Opportunities by 118.5% in the fourth quarter. PSI Advisors LLC now owns 7,646 shares of the company’s stock valued at $52,000 after purchasing an additional 4,146 shares during the period. Truvestments Capital LLC purchased a new position in FS Credit Opportunities in the 3rd quarter valued at about $52,000. Nwam LLC acquired a new stake in shares of FS Credit Opportunities during the third quarter valued at about $66,000. Park Avenue Securities LLC purchased a new stake in shares of FS Credit Opportunities during the fourth quarter worth about $82,000. Finally, Compass Ion Advisors LLC acquired a new position in shares of FS Credit Opportunities in the third quarter worth about $81,000. Institutional investors and hedge funds own 36.37% of the company’s stock.

FS Credit Opportunities Stock Performance

Shares of NYSE FSCO opened at $6.96 on Friday. FS Credit Opportunities Corp. has a fifty-two week low of $5.61 and a fifty-two week high of $7.12. The business has a 50 day moving average price of $6.75 and a two-hundred day moving average price of $6.53.

FS Credit Opportunities Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 24th will be given a dividend of $0.0645 per share. The ex-dividend date of this dividend is Friday, January 24th. This represents a $0.77 dividend on an annualized basis and a dividend yield of 11.13%. This is an increase from FS Credit Opportunities’s previous monthly dividend of $0.06.

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.