Andina Capital Management LLC Invests $137,000 in FS Credit Opportunities Corp. (NYSE:FSCO)

Andina Capital Management LLC purchased a new stake in FS Credit Opportunities Corp. (NYSE:FSCO) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 24,089 shares of the company’s stock, valued at approximately $137,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Blue Bell Private Wealth Management LLC increased its holdings in shares of FS Credit Opportunities by 241.2% during the third quarter. Blue Bell Private Wealth Management LLC now owns 9,478 shares of the company’s stock worth $51,000 after purchasing an additional 6,700 shares during the period. Tyche Wealth Partners LLC acquired a new position in FS Credit Opportunities in the 4th quarter valued at $69,000. First Heartland Consultants Inc. acquired a new position in FS Credit Opportunities in the 3rd quarter valued at $66,000. Vista Finance LLC bought a new stake in shares of FS Credit Opportunities during the 3rd quarter valued at $68,000. Finally, Saxony Capital Management LLC acquired a new stake in shares of FS Credit Opportunities during the 4th quarter worth $76,000. 36.37% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Keith Bethel acquired 6,500 shares of the stock in a transaction on Wednesday, March 13th. The stock was acquired at an average cost of $5.80 per share, for a total transaction of $37,700.00. Following the completion of the transaction, the director now directly owns 11,500 shares in the company, valued at $66,700. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. In other FS Credit Opportunities news, Director Keith Bethel bought 6,500 shares of the firm’s stock in a transaction on Wednesday, March 13th. The shares were purchased at an average price of $5.80 per share, for a total transaction of $37,700.00. Following the completion of the transaction, the director now directly owns 11,500 shares in the company, valued at approximately $66,700. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Barbara J. Fouss bought 11,000 shares of the stock in a transaction on Monday, March 18th. The shares were acquired at an average cost of $5.87 per share, with a total value of $64,570.00. Following the purchase, the director now owns 21,130 shares of the company’s stock, valued at approximately $124,033.10. The disclosure for this purchase can be found here. 0.26% of the stock is currently owned by company insiders.

FS Credit Opportunities Stock Up 1.4 %

FSCO stock traded up $0.08 during midday trading on Wednesday, reaching $5.99. The company had a trading volume of 421,980 shares, compared to its average volume of 664,894. FS Credit Opportunities Corp. has a 1-year low of $4.19 and a 1-year high of $6.04. The stock has a 50 day moving average price of $5.82 and a 200-day moving average price of $5.73.

FS Credit Opportunities Announces Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 23rd were issued a dividend of $0.06 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 12.02%. The ex-dividend date was Monday, April 22nd.

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.