Park Avenue Securities LLC Buys New Stake in FS Credit Opportunities Corp. $FSCO

Park Avenue Securities LLC bought a new stake in FS Credit Opportunities Corp. (NYSE:FSCO) during the second quarter, according to its most recent filing with the SEC. The firm bought 17,470 shares of the company’s stock, valued at approximately $127,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of FSCO. Thurston Springer Miller Herd & Titak Inc. acquired a new position in FS Credit Opportunities in the 2nd quarter valued at $35,000. Global Assets Advisory LLC acquired a new position in FS Credit Opportunities in the 1st quarter valued at $77,000. Curran Financial Partners LLC acquired a new position in FS Credit Opportunities in the 1st quarter valued at $78,000. WPG Advisers LLC acquired a new position in FS Credit Opportunities in the 1st quarter valued at $84,000. Finally, Andina Capital Management LLC acquired a new position in FS Credit Opportunities in the 1st quarter valued at $85,000. 36.37% of the stock is currently owned by institutional investors and hedge funds.

FS Credit Opportunities Stock Performance

NYSE FSCO opened at $6.69 on Friday. The company’s fifty day moving average is $7.33 and its two-hundred day moving average is $7.12. FS Credit Opportunities Corp. has a 52-week low of $5.29 and a 52-week high of $7.65.

FS Credit Opportunities Dividend Announcement

The business also recently declared a sep 25 dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 23rd were given a $0.0678 dividend. This represents a yield of 1,131.0%. The ex-dividend date was Tuesday, September 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.