Channel Wealth LLC Has $326,000 Stock Position in FS Credit Opportunities Corp. $FSCO

Channel Wealth LLC decreased its position in FS Credit Opportunities Corp. (NYSE:FSCO) by 25.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 44,946 shares of the company’s stock after selling 15,222 shares during the period. Channel Wealth LLC’s holdings in FS Credit Opportunities were worth $326,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in FSCO. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of FS Credit Opportunities in the 2nd quarter valued at $35,000. Global Assets Advisory LLC acquired a new position in shares of FS Credit Opportunities in the 1st quarter valued at $77,000. Curran Financial Partners LLC bought a new stake in FS Credit Opportunities in the 1st quarter valued at $78,000. WPG Advisers LLC bought a new stake in FS Credit Opportunities in the 1st quarter valued at $84,000. Finally, Freestate Advisors LLC bought a new stake in FS Credit Opportunities in the 1st quarter valued at $85,000. Institutional investors and hedge funds own 36.37% of the company’s stock.

FS Credit Opportunities Stock Down 0.3%

FSCO opened at $7.44 on Wednesday. FS Credit Opportunities Corp. has a 12 month low of $5.29 and a 12 month high of $7.65. The firm’s fifty day simple moving average is $7.39 and its 200 day simple moving average is $7.12.

FS Credit Opportunities Announces Dividend

The business also recently disclosed a sep 25 dividend, which will be paid on Tuesday, September 30th. Investors of record on Tuesday, September 23rd will be given a $0.0678 dividend. This represents a yield of 1,040.0%. The ex-dividend date of this dividend is Tuesday, September 23rd.

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.