Summit X LLC Has $346,000 Stock Position in FS Credit Opportunities Corp. $FSCO

Summit X LLC grew its position in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 71.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 47,658 shares of the company’s stock after purchasing an additional 19,829 shares during the quarter. Summit X LLC’s holdings in FS Credit Opportunities were worth $346,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Prospera Financial Services Inc bought a new position in FS Credit Opportunities during the second quarter worth $327,000. AE Wealth Management LLC lifted its stake in shares of FS Credit Opportunities by 38.8% in the 2nd quarter. AE Wealth Management LLC now owns 21,821 shares of the company’s stock valued at $158,000 after purchasing an additional 6,099 shares during the period. Golden State Wealth Management LLC boosted its position in shares of FS Credit Opportunities by 31.4% during the 2nd quarter. Golden State Wealth Management LLC now owns 55,064 shares of the company’s stock valued at $400,000 after purchasing an additional 13,166 shares in the last quarter. Moors & Cabot Inc. grew its stake in FS Credit Opportunities by 15.6% during the second quarter. Moors & Cabot Inc. now owns 38,849 shares of the company’s stock worth $282,000 after purchasing an additional 5,256 shares during the period. Finally, GPS Wealth Strategies Group LLC grew its stake in FS Credit Opportunities by 21.8% during the second quarter. GPS Wealth Strategies Group LLC now owns 20,288 shares of the company’s stock worth $147,000 after purchasing an additional 3,636 shares during the period. 36.37% of the stock is owned by institutional investors.

FS Credit Opportunities Price Performance

Shares of FSCO opened at $6.48 on Monday. FS Credit Opportunities Corp. has a 52-week low of $5.29 and a 52-week high of $7.65. The business’s 50 day moving average price is $6.92 and its two-hundred day moving average price is $7.12.

FS Credit Opportunities Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Stockholders of record on Thursday, November 20th will be issued a dividend of $0.0678 per share. The ex-dividend date is Thursday, November 20th. This represents a c) annualized dividend and a dividend yield of 12.6%.

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.