Golden State Wealth Management LLC Grows Position in FS Credit Opportunities Corp. (NYSE:FSCO)

Golden State Wealth Management LLC increased its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 118.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 83,795 shares of the company's stock after buying an additional 45,444 shares during the period. Golden State Wealth Management LLC's holdings in FS Credit Opportunities were worth $591,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in the company. US Bancorp DE bought a new stake in FS Credit Opportunities in the fourth quarter valued at approximately $49,000. Private Portfolio Partners LLC purchased a new position in shares of FS Credit Opportunities in the 4th quarter worth about $72,000. Bravias Capital Group LLC purchased a new stake in FS Credit Opportunities in the fourth quarter worth $73,000. Global Assets Advisory LLC purchased a new stake in shares of FS Credit Opportunities during the 1st quarter valued at approximately $77,000. Finally, Curran Financial Partners LLC bought a new position in FS Credit Opportunities in the 1st quarter worth about $78,000. 36.37% of the stock is currently owned by institutional investors.

FS Credit Opportunities Price Performance

Shares of NYSE:FSCO traded up $0.03 during trading on Monday, reaching $7.27. The company had a trading volume of 820,661 shares, compared to its average volume of 829,497. FS Credit Opportunities Corp. has a 12 month low of $5.29 and a 12 month high of $7.33. The company has a fifty day moving average of $7.08 and a two-hundred day moving average of $6.92.

FS Credit Opportunities Dividend Announcement

The business also recently declared a jun 25 dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 23rd will be issued a $0.0678 dividend. This represents a yield of 10.2%. The ex-dividend date of this dividend is Monday, June 23rd.

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.