Compound Planning Inc. Boosts Holdings in FS Credit Opportunities Corp. $FSCO

Compound Planning Inc. lifted its stake in FS Credit Opportunities Corp. (NYSE:FSCO) by 17.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,977 shares of the company’s stock after purchasing an additional 11,828 shares during the quarter. Compound Planning Inc.’s holdings in FS Credit Opportunities were worth $571,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the stock. Andina Capital Management LLC purchased a new position in shares of FS Credit Opportunities in the 1st quarter worth about $85,000. Raymond James Financial Inc. raised its position in shares of FS Credit Opportunities by 7.9% in the 1st quarter. Raymond James Financial Inc. now owns 495,048 shares of the company’s stock worth $3,490,000 after purchasing an additional 36,394 shares during the last quarter. Invesco Ltd. raised its position in shares of FS Credit Opportunities by 10.3% in the 1st quarter. Invesco Ltd. now owns 220,419 shares of the company’s stock worth $1,554,000 after purchasing an additional 20,610 shares during the last quarter. Benjamin Edwards Inc. purchased a new position in shares of FS Credit Opportunities in the 1st quarter worth about $87,000. Finally, West Michigan Advisors LLC raised its position in shares of FS Credit Opportunities by 7.2% in the 1st quarter. West Michigan Advisors LLC now owns 154,089 shares of the company’s stock worth $1,086,000 after purchasing an additional 10,391 shares during the last quarter. Hedge funds and other institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Stock Down 1.3%

FSCO opened at $7.36 on Tuesday. The stock has a 50-day moving average price of $7.32 and a 200-day moving average price of $7.06. FS Credit Opportunities Corp. has a 1 year low of $5.29 and a 1 year high of $7.65.

FS Credit Opportunities Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 22nd will be issued a $0.0678 dividend. This represents a c) annualized dividend and a yield of 11.1%. The ex-dividend date is Friday, August 22nd.

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.