Wealth Enhancement Advisory Services LLC Raises Stock Holdings in FS Credit Opportunities Corp. (NYSE:FSCO)

Wealth Enhancement Advisory Services LLC boosted its stake in FS Credit Opportunities Corp. (NYSE:FSCO) by 729.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 112,228 shares of the company’s stock after buying an additional 98,691 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in FS Credit Opportunities were worth $765,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. NewEdge Advisors LLC grew its position in shares of FS Credit Opportunities by 6.3% during the fourth quarter. NewEdge Advisors LLC now owns 25,033 shares of the company’s stock worth $171,000 after buying an additional 1,473 shares in the last quarter. Stifel Financial Corp lifted its holdings in shares of FS Credit Opportunities by 2.3% during the fourth quarter. Stifel Financial Corp now owns 136,449 shares of the company’s stock worth $931,000 after purchasing an additional 3,038 shares during the period. Focus Partners Wealth lifted its holdings in shares of FS Credit Opportunities by 6.0% during the fourth quarter. Focus Partners Wealth now owns 77,121 shares of the company’s stock worth $554,000 after purchasing an additional 4,371 shares during the period. Moors & Cabot Inc. lifted its holdings in FS Credit Opportunities by 16.2% in the fourth quarter. Moors & Cabot Inc. now owns 34,417 shares of the company’s stock valued at $235,000 after acquiring an additional 4,798 shares during the period. Finally, Kovack Advisors Inc. lifted its holdings in FS Credit Opportunities by 7.2% in the fourth quarter. Kovack Advisors Inc. now owns 83,300 shares of the company’s stock valued at $568,000 after acquiring an additional 5,600 shares during the period. 36.37% of the stock is currently owned by hedge funds and other institutional investors.

FS Credit Opportunities Stock Down 0.1%

NYSE:FSCO opened at $7.23 on Tuesday. FS Credit Opportunities Corp. has a 52-week low of $5.29 and a 52-week high of $7.26. The stock has a fifty day simple moving average of $6.84 and a 200-day simple moving average of $6.86.

FS Credit Opportunities Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, May 30th. Investors of record on Thursday, May 22nd were given a dividend of $0.0645 per share. This represents a $0.77 dividend on an annualized basis and a yield of 10.71%. The ex-dividend date was Thursday, May 22nd.

FS Credit Opportunities Company Profile

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.