Advisory Alpha LLC Buys 8,976 Shares of FS Credit Opportunities Corp. $FSCO

Advisory Alpha LLC grew its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 52.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,112 shares of the company’s stock after purchasing an additional 8,976 shares during the quarter. Advisory Alpha LLC’s holdings in FS Credit Opportunities were worth $190,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of FS Credit Opportunities during the second quarter valued at approximately $35,000. WPG Advisers LLC purchased a new stake in shares of FS Credit Opportunities during the first quarter valued at approximately $84,000. Andina Capital Management LLC purchased a new stake in shares of FS Credit Opportunities during the first quarter valued at approximately $85,000. Tyche Wealth Partners LLC purchased a new stake in shares of FS Credit Opportunities during the second quarter valued at approximately $88,000. Finally, Benjamin Edwards Inc. purchased a new stake in shares of FS Credit Opportunities during the first quarter valued at approximately $87,000. Hedge funds and other institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Price Performance

NYSE:FSCO opened at $6.48 on Friday. FS Credit Opportunities Corp. has a fifty-two week low of $5.29 and a fifty-two week high of $7.65. The business has a 50 day moving average price of $7.04 and a 200-day moving average price of $7.12.

FS Credit Opportunities Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Stockholders of record on Thursday, November 20th will be paid a dividend of $0.0678 per share. This represents a c) dividend on an annualized basis and a dividend yield of 12.6%. The ex-dividend date of this dividend 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.