222,526 Shares in FS Credit Opportunities Corp. $FSCO Acquired by Arlington Capital Management Inc.

Arlington Capital Management Inc. bought a new position in FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 222,526 shares of the company's stock, valued at approximately $1,110,000. Arlington Capital Management Inc. owned 0.11% of FS Credit Opportunities at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rivernorth Capital Management LLC bought a new stake in shares of FS Credit Opportunities in the 1st quarter worth $20,443,000. Arkadios Wealth Advisors boosted its position in shares of FS Credit Opportunities by 3,144.4% during the 1st quarter. Arkadios Wealth Advisors now owns 3,563,531 shares of the company's stock valued at $18,174,000 after purchasing an additional 3,453,693 shares in the last quarter. Wagner Wealth Management LLC grew its stake in shares of FS Credit Opportunities by 781.3% in the 1st quarter. Wagner Wealth Management LLC now owns 3,474,655 shares of the company's stock worth $17,721,000 after purchasing an additional 3,080,389 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. grew its stake in shares of FS Credit Opportunities by 97.2% in the 4th quarter. Thomas J. Herzfeld Advisors Inc. now owns 1,899,781 shares of the company's stock worth $11,969,000 after purchasing an additional 936,272 shares during the last quarter. Finally, Independent Financial Group LLC bought a new stake in shares of FS Credit Opportunities in the 1st quarter worth approximately $3,997,000. 36.37% of the stock is owned by institutional investors.

FS Credit Opportunities Price Performance

FSCO stock opened at $5.25 on Thursday. FS Credit Opportunities Corp. has a 12 month low of $4.13 and a 12 month high of $7.50. The firm has a 50 day simple moving average of $5.03 and a 200 day simple moving average of $5.03.

FS Credit Opportunities Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 24th were issued a $0.0594 dividend. This is an increase from FS Credit Opportunities's previous monthly dividend of $0.06. This represents a c) annualized dividend and a dividend yield of 13.6%. The ex-dividend date of this dividend was Monday, August 24th.

FS Credit Opportunities Profile

FS Credit Opportunities Fund Inc NYSE: FSCO is a diversified closed-end management investment company that seeks to provide shareholders with a high level of current income and capital appreciation. The fund pursues its objectives by investing primarily in corporate credit instruments, including high-yield bonds, leveraged loans and other credit-related securities. FSCO’s flexible mandate allows it to allocate across the credit spectrum, rotating among sectors, maturities and structures in response to changing market conditions.

Under normal market environments, the fund typically invests at least 80% of its total assets in non-investment grade corporate debt securities, with the remainder allocated to investment-grade obligations, cash and cash equivalents.

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