Golden State Wealth Management LLC Increases Position in FS Credit Opportunities Corp. (NYSE:FSCO)

Golden State Wealth Management LLC boosted its position in FS Credit Opportunities Corp. (NYSE:FSCO) by 9.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,898 shares of the company’s stock after acquiring an additional 3,547 shares during the quarter. Golden State Wealth Management LLC’s holdings in FS Credit Opportunities were worth $295,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. US Bancorp DE bought a new position in shares of FS Credit Opportunities during the 4th quarter valued at $49,000. Private Portfolio Partners LLC bought a new position in shares of FS Credit Opportunities during the fourth quarter valued at about $72,000. Global Assets Advisory LLC purchased a new position in shares of FS Credit Opportunities in the first quarter worth about $77,000. Curran Financial Partners LLC bought a new stake in shares of FS Credit Opportunities in the 1st quarter valued at about $78,000. Finally, Freestate Advisors LLC bought a new stake in shares of FS Credit Opportunities in the 1st quarter valued at about $85,000. Hedge funds and other institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Stock Performance

FSCO opened at $7.24 on Friday. The stock’s 50 day simple moving average is $7.13 and its 200 day simple moving average is $6.93. FS Credit Opportunities Corp. has a 1 year low of $5.29 and a 1 year high of $7.35.

FS Credit Opportunities Dividend Announcement

The company also recently announced a jun 25 dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 23rd were issued a $0.0678 dividend. This represents a dividend yield of 10.2%. The ex-dividend date of this dividend was Monday, June 23rd.

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.