Wealth Enhancement Advisory Services LLC lifted its position in shares of FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 729.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,228 shares of the company's stock after purchasing an additional 98,691 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in FS Credit Opportunities were worth $765,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Blackstone Inc. acquired a new position in shares of FS Credit Opportunities in the 4th quarter valued at approximately $11,341,000. Invesco Ltd. bought a new stake in shares of FS Credit Opportunities in the fourth quarter worth $1,363,000. Sanctuary Advisors LLC raised its holdings in FS Credit Opportunities by 87.4% in the fourth quarter. Sanctuary Advisors LLC now owns 154,687 shares of the company's stock valued at $1,063,000 after acquiring an additional 72,144 shares in the last quarter. Noble Wealth Management PBC bought a new position in FS Credit Opportunities during the 4th quarter valued at $3,255,000. Finally, Modern Wealth Management LLC bought a new position in FS Credit Opportunities during the 4th quarter valued at $1,220,000. 36.37% of the stock is currently owned by hedge funds and other institutional investors.
FS Credit Opportunities Price Performance
Shares of FSCO traded up $0.07 during midday trading on Tuesday, hitting $7.28. The company had a trading volume of 889,953 shares, compared to its average volume of 950,018. The company's 50 day moving average price is $6.84 and its 200 day moving average price is $6.86. FS Credit Opportunities Corp. has a 52 week low of $5.29 and a 52 week high of $7.33.
FS Credit Opportunities Announces Dividend
The company also recently disclosed 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 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.
Further Reading
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
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
