Avantax Advisory Services Inc. Sells 244,580 Shares of FS Credit Opportunities Corp. $FSCO

Avantax Advisory Services Inc. reduced its position in FS Credit Opportunities Corp. (NYSE:FSCO) by 12.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,677,372 shares of the company’s stock after selling 244,580 shares during the quarter. Avantax Advisory Services Inc. owned approximately 0.85% of FS Credit Opportunities worth $12,178,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of FS Credit Opportunities in the 2nd quarter valued at $35,000. WPG Advisers LLC acquired a new position in FS Credit Opportunities in the first quarter worth about $84,000. Andina Capital Management LLC acquired a new position in FS Credit Opportunities in the first quarter worth about $85,000. World Investment Advisors bought a new position in FS Credit Opportunities during the second quarter worth about $86,000. Finally, Benjamin Edwards Inc. acquired a new stake in FS Credit Opportunities during the first quarter valued at approximately $87,000. Institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Trading Down 2.9%

FSCO stock opened at $6.28 on Monday. FS Credit Opportunities Corp. has a 1-year low of $5.29 and a 1-year high of $7.65. The business’s 50 day moving average is $6.82 and its 200-day moving average is $7.10.

FS Credit Opportunities Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Thursday, November 20th will be paid a dividend of $0.0678 per share. This represents a c) annualized dividend and a yield of 13.0%. The ex-dividend date is Thursday, November 20th.

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.