Cerity Partners LLC Purchases 9,227 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

Cerity Partners LLC increased its position in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 27.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,432 shares of the company’s stock after acquiring an additional 9,227 shares during the quarter. Cerity Partners LLC’s holdings in FS Credit Opportunities were worth $306,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of FSCO. Blackstone Inc. bought a new position in shares of FS Credit Opportunities during the 4th quarter worth approximately $11,341,000. Bensler LLC bought a new position in shares of FS Credit Opportunities during the 1st quarter worth approximately $4,013,000. Raymond James Financial Inc. bought a new position in shares of FS Credit Opportunities during the 4th quarter worth approximately $3,128,000. Certior Financial Group LLC bought a new position in shares of FS Credit Opportunities during the 4th quarter worth approximately $1,859,000. Finally, Bank of New York Mellon Corp bought a new position in shares of FS Credit Opportunities during the 1st quarter worth approximately $1,889,000. Institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Trading Down 0.3%

NYSE FSCO opened at $7.42 on Monday. The company has a 50 day moving average price of $7.21 and a 200 day moving average price of $6.99. FS Credit Opportunities Corp. has a 52 week low of $5.29 and a 52 week high of $7.57.

FS Credit Opportunities Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, July 31st. Investors of record on Thursday, July 24th will be paid a $0.0678 dividend. This is a positive change from FS Credit Opportunities’s previous monthly dividend of $0.06. The ex-dividend date of this dividend is Thursday, July 24th. This represents a $0.81 dividend on an annualized basis and a yield of 10.97%.

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.