Wealth Enhancement Advisory Services LLC Grows Stock Holdings in FS Credit Opportunities Corp. (NYSE:FSCO)

Wealth Enhancement Advisory Services LLC increased its stake in FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 689.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 106,900 shares of the company's stock after acquiring an additional 93,363 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in FS Credit Opportunities were worth $679,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in FSCO. Advisors Asset Management Inc. raised its stake in shares of FS Credit Opportunities by 159.2% in the third quarter. Advisors Asset Management Inc. now owns 208,106 shares of the company's stock valued at $1,321,000 after acquiring an additional 127,815 shares during the period. Concorde Asset Management LLC grew its holdings in FS Credit Opportunities by 454.5% during the 2nd quarter. Concorde Asset Management LLC now owns 98,089 shares of the company's stock valued at $625,000 after purchasing an additional 80,400 shares during the last quarter. Jane Street Group LLC raised its position in FS Credit Opportunities by 71.1% in the 3rd quarter. Jane Street Group LLC now owns 24,309 shares of the company's stock worth $154,000 after purchasing an additional 10,103 shares during the period. Stifel Financial Corp lifted its stake in FS Credit Opportunities by 18.3% in the third quarter. Stifel Financial Corp now owns 133,411 shares of the company's stock worth $847,000 after purchasing an additional 20,666 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of FS Credit Opportunities during the second quarter valued at approximately $447,000. 36.37% of the stock is owned by institutional investors.

FS Credit Opportunities Trading Down 0.2 %

Shares of FSCO traded down $0.02 during mid-day trading on Friday, reaching $6.98. 662,029 shares of the company's stock traded hands, compared to its average volume of 966,203. The stock's 50-day moving average is $6.70 and its two-hundred day moving average is $6.50. FS Credit Opportunities Corp. has a 12 month low of $5.57 and a 12 month high of $7.02.

FS Credit Opportunities Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 24th will be given a $0.0645 dividend. This represents a $0.77 annualized dividend and a yield of 11.10%. The ex-dividend date is Friday, January 24th. This is an increase from FS Credit Opportunities's previous monthly dividend of $0.06.

FS Credit Opportunities 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.