Precedent Wealth Partners LLC Buys Shares of 18,363 FS Credit Opportunities Corp. $FSCO

Precedent Wealth Partners LLC bought a new stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) in the second quarter, Holdings Channel reports. The fund bought 18,363 shares of the company’s stock, valued at approximately $133,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC grew its holdings in FS Credit Opportunities by 1.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 113,825 shares of the company’s stock valued at $802,000 after buying an additional 1,597 shares in the last quarter. Koshinski Asset Management Inc. grew its holdings in FS Credit Opportunities by 10.8% during the 1st quarter. Koshinski Asset Management Inc. now owns 16,439 shares of the company’s stock valued at $116,000 after buying an additional 1,605 shares in the last quarter. Summit X LLC grew its holdings in FS Credit Opportunities by 6.5% during the 1st quarter. Summit X LLC now owns 27,829 shares of the company’s stock valued at $196,000 after buying an additional 1,695 shares in the last quarter. Capital CS Group LLC grew its holdings in FS Credit Opportunities by 7.0% during the 2nd quarter. Capital CS Group LLC now owns 26,032 shares of the company’s stock valued at $189,000 after buying an additional 1,696 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC grew its holdings in FS Credit Opportunities by 5.0% during the 1st quarter. Liberty Square Wealth Partners LLC now owns 35,959 shares of the company’s stock valued at $254,000 after buying an additional 1,702 shares in the last quarter. Hedge funds and other institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Price Performance

Shares of NYSE FSCO opened at $6.98 on Friday. FS Credit Opportunities Corp. has a 12 month low of $5.29 and a 12 month high of $7.65. The business has a 50-day moving average of $7.32 and a 200-day moving average of $7.12.

FS Credit Opportunities Announces Dividend

The firm also recently disclosed a sep 25 dividend, which was paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 23rd were issued a dividend of $0.0678 per share. The ex-dividend date of this dividend was Tuesday, September 23rd. This represents a dividend yield of 1,131.0%.

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.