Grimes & Company Inc. Has $617,000 Stock Holdings in FS Credit Opportunities Corp. $FSCO

Grimes & Company Inc. lowered its stake in FS Credit Opportunities Corp. (NYSE:FSCO) by 33.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 85,024 shares of the company’s stock after selling 43,238 shares during the quarter. Grimes & Company Inc.’s holdings in FS Credit Opportunities were worth $617,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in FSCO. Bensler LLC acquired a new position in FS Credit Opportunities in the first quarter valued at about $4,013,000. Geneos Wealth Management Inc. raised its position in shares of FS Credit Opportunities by 91.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 630,813 shares of the company’s stock valued at $4,771,000 after acquiring an additional 300,660 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of FS Credit Opportunities in the 1st quarter valued at approximately $1,889,000. Vista Finance LLC boosted its stake in FS Credit Opportunities by 14.3% during the 1st quarter. Vista Finance LLC now owns 1,955,812 shares of the company’s stock worth $13,788,000 after acquiring an additional 244,793 shares during the last quarter. Finally, Inscription Capital LLC acquired a new position in FS Credit Opportunities during the first quarter valued at approximately $1,683,000. 36.37% of the stock is owned by institutional investors and hedge funds.

FS Credit Opportunities Stock Down 0.6%

Shares of NYSE:FSCO opened at $6.94 on Tuesday. The company has a 50 day moving average price of $7.31 and a two-hundred day moving average price of $7.12. FS Credit Opportunities Corp. has a 52 week low of $5.29 and a 52 week high of $7.65.

FS Credit Opportunities Dividend Announcement

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

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.