Captrust Financial Advisors Sells 15,967 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

Captrust Financial Advisors decreased its holdings in FS Credit Opportunities Corp. (NYSE:FSCO) by 19.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,504 shares of the company’s stock after selling 15,967 shares during the period. Captrust Financial Advisors’ holdings in FS Credit Opportunities were worth $410,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Truvestments Capital LLC bought a new stake in FS Credit Opportunities in the 3rd quarter valued at $52,000. Nwam LLC bought a new position in shares of FS Credit Opportunities in the third quarter valued at about $66,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in shares of FS Credit Opportunities during the 2nd quarter worth about $73,000. SYM FINANCIAL Corp bought a new stake in shares of FS Credit Opportunities during the 2nd quarter worth about $76,000. Finally, Compass Ion Advisors LLC acquired a new position in FS Credit Opportunities in the 3rd quarter valued at about $81,000. 36.37% of the stock is owned by institutional investors and hedge funds.

FS Credit Opportunities Stock Performance

Shares of FSCO stock opened at $6.69 on Friday. FS Credit Opportunities Corp. has a 12-month low of $5.47 and a 12-month high of $6.84. The firm has a 50 day moving average price of $6.63 and a two-hundred day moving average price of $6.43.

FS Credit Opportunities Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be paid a $0.06 dividend. The ex-dividend date is Monday, December 23rd. This represents a $0.72 annualized dividend and a yield of 10.76%.

FS Credit Opportunities 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.