FS Credit Opportunities Corp. (NYSE:FSCO) is Vista Finance LLC’s 2nd Largest Position

Vista Finance LLC increased its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 4.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,676,829 shares of the company’s stock after purchasing an additional 66,961 shares during the quarter. FS Credit Opportunities makes up approximately 14.4% of Vista Finance LLC’s holdings, making the stock its 2nd largest holding. Vista Finance LLC owned 0.49% of FS Credit Opportunities worth $10,648,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Strategic Blueprint LLC increased its position in FS Credit Opportunities by 4.0% during the 3rd quarter. Strategic Blueprint LLC now owns 109,013 shares of the company’s stock worth $692,000 after purchasing an additional 4,157 shares in the last quarter. Patriot Financial Group Insurance Agency LLC increased its position in FS Credit Opportunities by 31.1% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 257,708 shares of the company’s stock worth $1,636,000 after purchasing an additional 61,103 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in FS Credit Opportunities by 40.4% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 16,162 shares of the company’s stock worth $103,000 after purchasing an additional 4,650 shares in the last quarter. Ellis Investment Partners LLC grew its holdings in FS Credit Opportunities by 1.1% in the 3rd quarter. Ellis Investment Partners LLC now owns 799,004 shares of the company’s stock valued at $5,074,000 after buying an additional 8,447 shares during the period. Finally, Consolidated Portfolio Review Corp grew its holdings in FS Credit Opportunities by 255.2% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 100,082 shares of the company’s stock valued at $636,000 after buying an additional 71,909 shares during the period. Hedge funds and other institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Price Performance

FSCO remained flat at $6.61 during midday trading on Tuesday. The company’s stock had a trading volume of 106,835 shares, compared to its average volume of 670,193. The firm has a 50-day simple moving average of $6.42 and a 200-day simple moving average of $6.30. FS Credit Opportunities Corp. has a 52 week low of $5.32 and a 52 week high of $6.75.

FS Credit Opportunities Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Thursday, October 24th will be issued a $0.06 dividend. This represents a $0.72 annualized dividend and a yield of 10.89%. The ex-dividend date of this dividend is Thursday, October 24th.

Insider Buying and Selling at FS Credit Opportunities

In other news, CEO Michael C. Forman sold 102,860 shares of FS Credit Opportunities stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $6.11, for a total value of $628,474.60. Following the transaction, the chief executive officer now directly owns 13,437 shares of the company’s stock, valued at $82,100.07. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, CEO Michael C. Forman sold 102,860 shares of the business’s stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $6.11, for a total transaction of $628,474.60. Following the transaction, the chief executive officer now directly owns 13,437 shares of the company’s stock, valued at approximately $82,100.07. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Michael C. Forman sold 218,961 shares of FS Credit Opportunities stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $6.15, for a total value of $1,346,610.15. Following the sale, the chief executive officer now owns 116,297 shares in the company, valued at $715,226.55. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.26% of the stock is 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.