Gilbert & Cook Inc. Sells 10,690 Shares of FS Credit Opportunities Corp. $FSCO

Gilbert & Cook Inc. lessened its holdings in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 3.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 316,350 shares of the company’s stock after selling 10,690 shares during the period. FS Credit Opportunities makes up 0.3% of Gilbert & Cook Inc.’s portfolio, making the stock its 28th biggest position. Gilbert & Cook Inc. owned approximately 0.16% of FS Credit Opportunities worth $2,297,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Financial Gravity Asset Management Inc. acquired a new position in shares of FS Credit Opportunities in the first quarter valued at approximately $342,000. Signal Advisors Wealth LLC acquired a new stake in shares of FS Credit Opportunities during the second quarter worth $507,000. Crossmark Global Holdings Inc. bought a new stake in FS Credit Opportunities in the 1st quarter valued at $155,000. Golden State Wealth Management LLC boosted its stake in FS Credit Opportunities by 9.2% in the 1st quarter. Golden State Wealth Management LLC now owns 41,898 shares of the company’s stock worth $295,000 after purchasing an additional 3,547 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in FS Credit Opportunities by 100.1% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 227,737 shares of the company’s stock worth $1,649,000 after purchasing an additional 113,912 shares during the period. 36.37% of the stock is currently owned by institutional investors and hedge funds.

FS Credit Opportunities Price Performance

FSCO opened at $6.57 on Friday. The business’s 50-day moving average price is $7.02 and its two-hundred day moving average price is $7.12. FS Credit Opportunities Corp. has a 1 year low of $5.29 and a 1 year high of $7.65.

FS Credit Opportunities Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Thursday, November 20th will be given a $0.0678 dividend. This represents a c) dividend on an annualized basis and a yield of 12.4%. The ex-dividend date of this dividend is Thursday, November 20th.

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.