Cetera Investment Advisers Reduces Holdings in FS Credit Opportunities Corp. (NYSE:FSCO)

Cetera Investment Advisers trimmed its holdings in shares of FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 8.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,547,828 shares of the company's stock after selling 222,390 shares during the quarter. Cetera Investment Advisers owned about 0.74% of FS Credit Opportunities worth $17,376,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. NewEdge Advisors LLC lifted its stake in shares of FS Credit Opportunities by 6.3% in the 4th quarter. NewEdge Advisors LLC now owns 25,033 shares of the company's stock valued at $171,000 after acquiring an additional 1,473 shares during the last quarter. Consolidated Portfolio Review Corp raised its position in shares of FS Credit Opportunities by 1.8% in the 4th quarter. Consolidated Portfolio Review Corp now owns 101,909 shares of the company's stock worth $695,000 after acquiring an additional 1,827 shares in the last quarter. Stratos Wealth Partners LTD. raised its position in shares of FS Credit Opportunities by 0.9% in the 4th quarter. Stratos Wealth Partners LTD. now owns 337,076 shares of the company's stock worth $2,299,000 after acquiring an additional 2,888 shares in the last quarter. Stifel Financial Corp raised its position in shares of FS Credit Opportunities by 2.3% in the 4th quarter. Stifel Financial Corp now owns 136,449 shares of the company's stock worth $931,000 after acquiring an additional 3,038 shares in the last quarter. Finally, True North Advisors LLC grew its stake in shares of FS Credit Opportunities by 11.1% in the 4th quarter. True North Advisors LLC now owns 31,470 shares of the company's stock worth $215,000 after buying an additional 3,147 shares during the last quarter. 36.37% of the stock is currently owned by hedge funds and other institutional investors.

FS Credit Opportunities Stock Performance

Shares of FS Credit Opportunities stock traded down $0.08 during midday trading on Thursday, hitting $6.94. The company had a trading volume of 838,289 shares, compared to its average volume of 805,188. FS Credit Opportunities Corp. has a 52-week low of $5.29 and a 52-week high of $7.23. The company has a 50 day moving average of $6.80 and a 200 day moving average of $6.79.

FS Credit Opportunities Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 22nd will be paid a dividend of $0.0645 per share. The ex-dividend date is Thursday, May 22nd. This represents a $0.77 annualized dividend and a yield of 11.16%.

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.