Commonwealth Equity Services LLC lessened its holdings in FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 4.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,680,574 shares of the company's stock after selling 502,928 shares during the period. Commonwealth Equity Services LLC owned 2.82% of FS Credit Opportunities worth $68,248,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently modified their holdings of FSCO. Blackstone Inc. acquired a new position in shares of FS Credit Opportunities in the fourth quarter valued at approximately $11,341,000. Bensler LLC acquired a new position in shares of FS Credit Opportunities in the first quarter valued at approximately $4,013,000. Raymond James Financial Inc. acquired a new position in shares of FS Credit Opportunities in the fourth quarter valued at approximately $3,128,000. Geneos Wealth Management Inc. raised its position in shares of FS Credit Opportunities by 91.1% in the first quarter. Geneos Wealth Management Inc. now owns 630,813 shares of the company's stock valued at $4,771,000 after buying an additional 300,660 shares during the last quarter. Finally, Certior Financial Group LLC acquired a new position in shares of FS Credit Opportunities in the fourth quarter valued at approximately $1,859,000. Hedge funds and other institutional investors own 36.37% of the company's stock.
FS Credit Opportunities Stock Down 0.3%
Shares of FSCO stock opened at $7.43 on Monday. FS Credit Opportunities Corp. has a one year low of $5.29 and a one year high of $7.57. The company has a 50 day moving average price of $7.24 and a 200 day moving average price of $7.01.
FS Credit Opportunities Increases Dividend
The business also recently declared a monthly dividend, which was paid on Thursday, July 31st. Investors of record on Thursday, July 24th were given a dividend of $0.0678 per share. This represents a c) annualized dividend and a yield of 11.0%. This is a positive change from FS Credit Opportunities's previous monthly dividend of $0.06. The ex-dividend date of this dividend was Thursday, July 24th.
About FS Credit Opportunities
(
Free Report)
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.
Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider FS Credit Opportunities, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FS Credit Opportunities wasn't on the list.
While FS Credit Opportunities currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.