Envestnet Asset Management Inc. Buys 90,470 Shares of FS Credit Opportunities Corp. $FSCO

Envestnet Asset Management Inc. grew its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 4.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,000,253 shares of the company’s stock after purchasing an additional 90,470 shares during the quarter. Envestnet Asset Management Inc.’s holdings in FS Credit Opportunities were worth $14,522,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in FSCO. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of FS Credit Opportunities in the second quarter valued at $35,000. WPG Advisers LLC bought a new position in shares of FS Credit Opportunities in the 1st quarter valued at about $84,000. Andina Capital Management LLC bought a new position in shares of FS Credit Opportunities in the 1st quarter valued at about $85,000. Tyche Wealth Partners LLC acquired a new position in shares of FS Credit Opportunities during the 2nd quarter worth about $88,000. Finally, Benjamin Edwards Inc. bought a new stake in shares of FS Credit Opportunities in the 1st quarter valued at about $87,000. Institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Trading Down 0.5%

FS Credit Opportunities stock opened at $6.35 on Friday. The stock has a 50-day simple moving average of $6.94 and a 200 day simple moving average of $7.11. FS Credit Opportunities Corp. has a 52 week low of $5.29 and a 52 week high of $7.65.

FS Credit Opportunities Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Thursday, November 20th will be issued a dividend of $0.0678 per share. The ex-dividend date of this dividend is Thursday, November 20th. This represents a c) dividend on an annualized basis and a dividend yield of 12.8%.

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.