FS Credit Opportunities Corp. $FSCO Shares Acquired by Ellis Investment Partners LLC

Ellis Investment Partners LLC increased its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 1.6% during the second quarter, Holdings Channel.com reports. The institutional investor owned 829,909 shares of the company’s stock after buying an additional 13,260 shares during the quarter. FS Credit Opportunities accounts for about 1.2% of Ellis Investment Partners LLC’s investment portfolio, making the stock its 18th biggest holding. Ellis Investment Partners LLC’s holdings in FS Credit Opportunities were worth $6,025,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in FSCO. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of FS Credit Opportunities during the second quarter valued at $35,000. Global Assets Advisory LLC purchased a new stake in shares of FS Credit Opportunities during the first quarter valued at $77,000. Curran Financial Partners LLC purchased a new stake in shares of FS Credit Opportunities during the first quarter valued at $78,000. WPG Advisers LLC purchased a new stake in shares of FS Credit Opportunities during the first quarter valued at $84,000. Finally, Andina Capital Management LLC purchased a new stake in shares of FS Credit Opportunities during the first quarter valued at $85,000. 36.37% of the stock is owned by hedge funds and other institutional investors.

FS Credit Opportunities Price Performance

Shares of FSCO opened at $6.89 on Monday. FS Credit Opportunities Corp. has a 1-year low of $5.29 and a 1-year high of $7.65. The company’s fifty day moving average price is $7.28 and its 200-day moving average price is $7.12.

FS Credit Opportunities Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Thursday, November 20th will be issued a $0.0678 dividend. This represents a c) annualized dividend and a yield of 11.8%. The ex-dividend date of this dividend is Thursday, November 20th.

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.