Orion Portfolio Solutions LLC Lowers Stake in FS Credit Opportunities Corp. (NYSE:FSCO)

Orion Portfolio Solutions LLC lessened its holdings in FS Credit Opportunities Corp. (NYSE:FSCO) by 2.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 470,826 shares of the company’s stock after selling 13,652 shares during the quarter. Orion Portfolio Solutions LLC owned 0.14% of FS Credit Opportunities worth $2,990,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Vista Finance LLC boosted its stake in FS Credit Opportunities by 865.7% during the second quarter. Vista Finance LLC now owns 1,609,868 shares of the company’s stock worth $10,255,000 after acquiring an additional 1,443,169 shares in the last quarter. Private Advisor Group LLC increased its holdings in FS Credit Opportunities by 165.9% during the second quarter. Private Advisor Group LLC now owns 770,255 shares of the company’s stock valued at $4,907,000 after buying an additional 480,537 shares during the last quarter. Advisors Asset Management Inc. boosted its position 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 worth $1,321,000 after purchasing an additional 127,815 shares during the period. Concorde Asset Management LLC boosted its position in shares of FS Credit Opportunities by 454.5% in the second quarter. Concorde Asset Management LLC now owns 98,089 shares of the company’s stock worth $625,000 after purchasing an additional 80,400 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in shares of FS Credit Opportunities in the second quarter worth approximately $447,000. Institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Stock Performance

Shares of NYSE:FSCO opened at $6.60 on Wednesday. The firm has a fifty day moving average price of $6.62 and a 200 day moving average price of $6.42. FS Credit Opportunities Corp. has a fifty-two week low of $5.47 and a fifty-two week high of $6.84.

FS Credit Opportunities Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd will be paid a $0.06 dividend. This represents a $0.72 annualized dividend and a dividend yield of 10.91%. The ex-dividend date of this dividend is Monday, December 23rd.

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.