FS Credit Opportunities Corp. (NYSE:FSCO) Shares Bought by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 689.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 106,900 shares of the company’s stock after purchasing an additional 93,363 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in FS Credit Opportunities were worth $679,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Advisors Asset Management Inc. boosted its stake in FS Credit Opportunities by 159.2% during the 3rd quarter. Advisors Asset Management Inc. now owns 208,106 shares of the company’s stock valued at $1,321,000 after purchasing an additional 127,815 shares during the period. Concorde Asset Management LLC boosted its position in shares of FS Credit Opportunities by 454.5% during the second quarter. Concorde Asset Management LLC now owns 98,089 shares of the company’s stock worth $625,000 after buying an additional 80,400 shares during the period. Jane Street Group LLC grew its holdings in FS Credit Opportunities by 71.1% in the 3rd quarter. Jane Street Group LLC now owns 24,309 shares of the company’s stock worth $154,000 after buying an additional 10,103 shares in the last quarter. Stifel Financial Corp increased its position in FS Credit Opportunities by 18.3% in the 3rd quarter. Stifel Financial Corp now owns 133,411 shares of the company’s stock valued at $847,000 after acquiring an additional 20,666 shares during the period. Finally, Sanctuary Advisors LLC bought a new stake in FS Credit Opportunities during the 2nd quarter valued at $447,000. Institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Price Performance

NYSE:FSCO opened at $6.99 on Friday. FS Credit Opportunities Corp. has a 1 year low of $5.57 and a 1 year high of $7.02. The business has a fifty day moving average of $6.70 and a 200-day moving average of $6.50.

FS Credit Opportunities Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 24th will be given a $0.0645 dividend. This represents a $0.77 dividend on an annualized basis and a yield of 11.08%. The ex-dividend date is Friday, January 24th. This is a positive change from FS Credit Opportunities’s previous monthly dividend of $0.06.

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.