Acorn Financial Advisory Services Inc. ADV Has $307,000 Holdings in FS Credit Opportunities Corp. $FSCO

Acorn Financial Advisory Services Inc. ADV lessened its holdings in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 11.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 42,221 shares of the company’s stock after selling 5,513 shares during the period. Acorn Financial Advisory Services Inc. ADV’s holdings in FS Credit Opportunities were worth $307,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC grew its position in shares of FS Credit Opportunities by 1.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 113,825 shares of the company’s stock worth $802,000 after purchasing an additional 1,597 shares in the last quarter. Koshinski Asset Management Inc. grew its position in shares of FS Credit Opportunities by 10.8% during the 1st quarter. Koshinski Asset Management Inc. now owns 16,439 shares of the company’s stock worth $116,000 after purchasing an additional 1,605 shares in the last quarter. Summit X LLC lifted its holdings in shares of FS Credit Opportunities by 6.5% during the 1st quarter. Summit X LLC now owns 27,829 shares of the company’s stock worth $196,000 after acquiring an additional 1,695 shares during the period. Capital CS Group LLC lifted its holdings in shares of FS Credit Opportunities by 7.0% during the 2nd quarter. Capital CS Group LLC now owns 26,032 shares of the company’s stock worth $189,000 after acquiring an additional 1,696 shares during the period. Finally, Liberty Square Wealth Partners LLC lifted its holdings in shares of FS Credit Opportunities by 5.0% during the 1st quarter. Liberty Square Wealth Partners LLC now owns 35,959 shares of the company’s stock worth $254,000 after acquiring an additional 1,702 shares during the period. Institutional investors and hedge funds own 36.37% of the company’s stock.

FS Credit Opportunities Stock Down 5.3%

Shares of FS Credit Opportunities stock opened at $6.52 on Tuesday. The company has a 50 day moving average of $7.26 and a 200-day moving average of $7.11. FS Credit Opportunities Corp. has a 1-year low of $5.29 and a 1-year high of $7.65.

FS Credit Opportunities Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, November 28th. Stockholders of record on Thursday, November 20th will be issued a dividend of $0.0678 per share. This represents a c) dividend on an annualized basis and a dividend yield of 12.5%. The ex-dividend date of this dividend is Thursday, November 20th.

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.