Wealth Enhancement Advisory Services LLC Acquires 113,912 Shares of FS Credit Opportunities Corp. $FSCO

Key Points

• Wealth Enhancement Advisory Services LLC significantly increased its stake in FS Credit Opportunities Corp. by acquiring 113,912 shares, raising its total holdings to 227,737 shares worth approximately $1.649 million.
• FS Credit Opportunities Corp. announced a dividend of $0.0678 per share, with a notable 1,131.0% dividend yield, to be paid on September 30th to investors of record as of September 23rd.
• The stock of FS Credit Opportunities Corp. is currently trading at $6.82, with a one-year price range between $5.29 and $7.65.

Wealth Enhancement Advisory Services LLC lifted its holdings in FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 100.1% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 227,737 shares of the company's stock after acquiring an additional 113,912 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.11% of FS Credit Opportunities worth $1,649,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Koshinski Asset Management Inc. raised its holdings in FS Credit Opportunities by 10.8% in the 1st quarter. Koshinski Asset Management Inc. now owns 16,439 shares of the company's stock worth $116,000 after purchasing an additional 1,605 shares in the last quarter. Summit X LLC increased its stake in shares of FS Credit Opportunities by 6.5% in the 1st quarter. Summit X LLC now owns 27,829 shares of the company's stock worth $196,000 after acquiring an additional 1,695 shares in the last quarter. Liberty Square Wealth Partners LLC increased its stake in shares of FS Credit Opportunities by 5.0% in the 1st quarter. Liberty Square Wealth Partners LLC now owns 35,959 shares of the company's stock worth $254,000 after acquiring an additional 1,702 shares in the last quarter. Jacobi Capital Management LLC increased its stake in shares of FS Credit Opportunities by 9.5% in the 1st quarter. Jacobi Capital Management LLC now owns 20,727 shares of the company's stock worth $146,000 after acquiring an additional 1,791 shares in the last quarter. Finally, ORG Partners LLC increased its stake in shares of FS Credit Opportunities by 4.4% in the 1st quarter. ORG Partners LLC now owns 42,789 shares of the company's stock worth $291,000 after acquiring an additional 1,818 shares in the last quarter. 36.37% of the stock is currently owned by institutional investors.

FS Credit Opportunities Price Performance

Shares of FSCO stock opened at $6.82 on Tuesday. FS Credit Opportunities Corp. has a one year low of $5.29 and a one year high of $7.65. The company's 50-day moving average is $7.37 and its 200 day moving average is $7.13.

FS Credit Opportunities Announces Dividend

The firm also recently disclosed a sep 25 dividend, which will be paid on Tuesday, September 30th. Investors of record on Tuesday, September 23rd will be issued a $0.0678 dividend. The ex-dividend date of this dividend is Tuesday, September 23rd. This represents a dividend yield of 1,131.0%.

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.

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