Wagner Wealth Management LLC lessened its holdings in FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 35.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,228,898 shares of the company's stock after selling 1,222,888 shares during the quarter. FS Credit Opportunities makes up approximately 3.9% of Wagner Wealth Management LLC's investment portfolio, making the stock its 8th largest position. Wagner Wealth Management LLC owned 0.65% of FS Credit Opportunities worth $15,714,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in the business. US Bancorp DE acquired a new stake in shares of FS Credit Opportunities in the fourth quarter valued at about $49,000. Private Portfolio Partners LLC acquired a new stake in FS Credit Opportunities during the 4th quarter valued at approximately $72,000. Bravias Capital Group LLC bought a new position in FS Credit Opportunities during the 4th quarter worth approximately $73,000. Freestate Advisors LLC acquired a new position in shares of FS Credit Opportunities in the 1st quarter worth approximately $85,000. Finally, A&I Financial Services LLC bought a new stake in shares of FS Credit Opportunities in the 4th quarter valued at $86,000. 36.37% of the stock is currently owned by institutional investors and hedge funds.
FS Credit Opportunities Trading Up 0.1%
Shares of FSCO traded up $0.01 during trading hours on Friday, hitting $7.23. 737,247 shares of the stock were exchanged, compared to its average volume of 825,663. FS Credit Opportunities Corp. has a fifty-two week low of $5.29 and a fifty-two week high of $7.33. The business has a 50-day moving average of $6.99 and a 200-day moving average of $6.89.
FS Credit Opportunities Announces Dividend
The firm also recently disclosed a jun 25 dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 23rd will be given a $0.0678 dividend. This represents a dividend yield of 10.2%. The ex-dividend date of this dividend is Monday, June 23rd.
FS Credit Opportunities Company Profile
(
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.
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