Delta Investment Management LLC Increases Stake in FS Credit Opportunities Corp. $FSCO

Delta Investment Management LLC increased its holdings in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 38.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 256,063 shares of the company’s stock after acquiring an additional 70,871 shares during the period. Delta Investment Management LLC owned approximately 0.13% of FS Credit Opportunities worth $1,859,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Financial Gravity Asset Management Inc. bought a new stake in FS Credit Opportunities during the first quarter worth about $342,000. Signal Advisors Wealth LLC bought a new stake in FS Credit Opportunities during the second quarter worth about $507,000. Crossmark Global Holdings Inc. bought a new stake in FS Credit Opportunities during the first quarter worth about $155,000. Golden State Wealth Management LLC boosted its stake in FS Credit Opportunities by 9.2% during the first quarter. Golden State Wealth Management LLC now owns 41,898 shares of the company’s stock worth $295,000 after acquiring an additional 3,547 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in FS Credit Opportunities by 100.1% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 227,737 shares of the company’s stock worth $1,649,000 after acquiring an additional 113,912 shares in the last quarter. Institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Price Performance

NYSE:FSCO opened at $6.60 on Monday. FS Credit Opportunities Corp. has a one year low of $5.29 and a one year high of $7.65. The company’s 50-day simple moving average is $7.11 and its 200 day simple moving average is $7.12.

FS Credit Opportunities Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Thursday, November 20th will be paid a dividend of $0.0678 per share. The ex-dividend date of this dividend is Thursday, November 20th. This represents a c) annualized dividend and a yield of 12.3%.

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.