123,142 FS Credit Opportunities Corp. $FSCO Shares Purchased by Riverbridge Partners LLC

Riverbridge Partners LLC raised its position in FS Credit Opportunities Corp. (NYSE:FSCO) by 32.0% in the 3rd quarter, Holdings Channel reports. The fund owned 508,017 shares of the company’s stock after acquiring an additional 123,142 shares during the period. Riverbridge Partners LLC’s holdings in FS Credit Opportunities were worth $2,621,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of FSCO. Rivernorth Capital Management LLC purchased a new stake in shares of FS Credit Opportunities during the 1st quarter worth $20,443,000. Arkadios Wealth Advisors lifted its holdings in shares of FS Credit Opportunities by 3,144.4% in the first quarter. Arkadios Wealth Advisors now owns 3,563,531 shares of the company’s stock valued at $18,174,000 after purchasing an additional 3,453,693 shares in the last quarter. Evergreen Capital Management LLC grew its holdings in FS Credit Opportunities by 1.8% during the 3rd quarter. Evergreen Capital Management LLC now owns 2,199,497 shares of the company’s stock valued at $11,349,000 after buying an additional 39,275 shares during the last quarter. Ellis Investment Partners LLC boosted its stake in shares of FS Credit Opportunities by 1.7% during the third quarter. Ellis Investment Partners LLC now owns 936,693 shares of the company’s stock valued at $4,833,000 after acquiring an additional 15,566 shares during the last quarter. Finally, Independent Financial Group LLC acquired a new stake in shares of FS Credit Opportunities during the 1st quarter worth about $3,997,000. 36.37% of the stock is owned by institutional investors and hedge funds.

FS Credit Opportunities Stock Down 0.6%

FSCO stock opened at $5.21 on Wednesday. FS Credit Opportunities Corp. has a one year low of $4.13 and a one year high of $6.63. The company has a 50 day moving average price of $5.14 and a two-hundred day moving average price of $5.14.

FS Credit Opportunities Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Wednesday, December 23rd will be issued a $0.0594 dividend. The ex-dividend date is Wednesday, December 23rd. This represents a $0.71 annualized dividend and a yield of 13.7%.

FS Credit Opportunities Company Profile

FS Credit Opportunities Corp. is a closed-end investment company that invests in credit-related assets. Its portfolio may include loans to public and private companies, collateralized loan obligations and other debt securities, with an emphasis on generating current income and seeking capital appreciation. The company is externally managed by FS/KKR Advisor, LLC, a partnership between FS Investments and KKR’s credit business. Its investment approach spans corporate and structured credit markets.