FS Credit Opportunities Corp. (NYSE:FSCO) Shares Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lifted its holdings in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 39.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,531,973 shares of the company’s stock after buying an additional 4,145,758 shares during the quarter. Commonwealth Equity Services LLC owned approximately 7.33% of FS Credit Opportunities worth $69,027,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Apella Capital LLC acquired a new stake in FS Credit Opportunities in the 2nd quarter worth about $51,000. FC Advisory LLC purchased a new position in shares of FS Credit Opportunities during the 2nd quarter worth $81,000. Cooper Financial Group grew its holdings in shares of FS Credit Opportunities by 23.5% in the second quarter. Cooper Financial Group now owns 17,538 shares of the company’s stock valued at $83,000 after purchasing an additional 3,342 shares during the period. CVA Family Office LLC increased its position in FS Credit Opportunities by 50.0% during the second quarter. CVA Family Office LLC now owns 9,156 shares of the company’s stock worth $43,000 after purchasing an additional 3,052 shares during the last quarter. Finally, AE Wealth Management LLC raised its stake in FS Credit Opportunities by 35.9% during the second quarter. AE Wealth Management LLC now owns 291,997 shares of the company’s stock worth $1,386,000 after purchasing an additional 77,130 shares during the period. 29.99% of the stock is owned by institutional investors and hedge funds.

FS Credit Opportunities Price Performance

NYSE:FSCO remained flat at $5.68 on Friday. The company’s stock had a trading volume of 656,952 shares, compared to its average volume of 689,912. FS Credit Opportunities Corp. has a 12 month low of $4.08 and a 12 month high of $5.97. The firm has a 50-day moving average of $5.43.

FS Credit Opportunities Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Tuesday, November 21st will be given a $0.057 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 12.04%. The ex-dividend date of this dividend is Monday, November 20th.

About FS Credit Opportunities

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.