Golden State Wealth Management LLC Purchases 13,166 Shares of FS Credit Opportunities Corp. $FSCO

Golden State Wealth Management LLC lifted its position in FS Credit Opportunities Corp. (NYSE:FSCO) by 31.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 55,064 shares of the company’s stock after purchasing an additional 13,166 shares during the quarter. Golden State Wealth Management LLC’s holdings in FS Credit Opportunities were worth $400,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC boosted its stake in FS Credit Opportunities by 0.7% during the first quarter. LPL Financial LLC now owns 2,730,010 shares of the company’s stock valued at $19,247,000 after buying an additional 19,393 shares during the period. Vista Finance LLC raised its holdings in shares of FS Credit Opportunities by 5.1% in the 2nd quarter. Vista Finance LLC now owns 2,054,723 shares of the company’s stock valued at $14,917,000 after acquiring an additional 98,911 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of FS Credit Opportunities by 4.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,000,253 shares of the company’s stock valued at $14,522,000 after acquiring an additional 90,470 shares during the last quarter. Ellis Investment Partners LLC boosted its position in shares of FS Credit Opportunities by 1.6% during the 2nd quarter. Ellis Investment Partners LLC now owns 829,909 shares of the company’s stock valued at $6,025,000 after acquiring an additional 13,260 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in shares of FS Credit Opportunities by 91.1% during the first quarter. Geneos Wealth Management Inc. now owns 630,813 shares of the company’s stock worth $4,771,000 after purchasing an additional 300,660 shares in the last quarter. Hedge funds and other institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Stock Performance

FSCO stock opened at $6.35 on Friday. The company’s 50 day moving average is $6.94 and its 200 day moving average is $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 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 issued a dividend of $0.0678 per share. This represents a c) dividend on an annualized basis and a dividend yield of 12.8%. 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.