Dean Jacobson Financial Services LLC Has $288,000 Stock Holdings in FS Credit Opportunities Corp. (NYSE:FSCO)

Dean Jacobson Financial Services LLC grew its holdings in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 66.4% in the fourth quarter, HoldingsChannel reports. The fund owned 42,192 shares of the company’s stock after purchasing an additional 16,836 shares during the quarter. FS Credit Opportunities makes up about 0.2% of Dean Jacobson Financial Services LLC’s portfolio, making the stock its 8th largest holding. Dean Jacobson Financial Services LLC’s holdings in FS Credit Opportunities were worth $288,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Vista Finance LLC grew its position in shares of FS Credit Opportunities by 4.2% during the 3rd quarter. Vista Finance LLC now owns 1,676,829 shares of the company’s stock valued at $10,648,000 after acquiring an additional 66,961 shares during the period. Ellis Investment Partners LLC grew its position in shares of FS Credit Opportunities by 1.1% during the 3rd quarter. Ellis Investment Partners LLC now owns 799,004 shares of the company’s stock valued at $5,074,000 after acquiring an additional 8,447 shares during the period. Private Advisor Group LLC lifted its stake in shares of FS Credit Opportunities by 1.4% during the 3rd quarter. Private Advisor Group LLC now owns 781,108 shares of the company’s stock valued at $4,960,000 after buying an additional 10,853 shares in the last quarter. Geneos Wealth Management Inc. purchased a new position in shares of FS Credit Opportunities during the 4th quarter valued at $2,252,000. Finally, Patriot Financial Group Insurance Agency LLC lifted its stake in shares of FS Credit Opportunities by 11.8% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 288,185 shares of the company’s stock valued at $1,965,000 after buying an additional 30,477 shares in the last quarter. Institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Stock Performance

FSCO opened at $6.87 on Wednesday. FS Credit Opportunities Corp. has a fifty-two week low of $5.61 and a fifty-two week high of $7.12. The firm’s fifty day moving average is $6.77 and its 200 day moving average is $6.53.

FS Credit Opportunities Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 24th will be paid a dividend of $0.0645 per share. This is a boost from FS Credit Opportunities’s previous monthly dividend of $0.06. 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 11.27%.

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.