FS Credit Opportunities Corp. (NYSE:FSCO) Shares Acquired by Apollon Wealth Management LLC

Apollon Wealth Management LLC raised its position in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 781.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 224,553 shares of the company’s stock after purchasing an additional 199,072 shares during the period. Apollon Wealth Management LLC owned 0.07% of FS Credit Opportunities worth $1,531,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. Spire Wealth Management acquired a new stake in FS Credit Opportunities in the 4th quarter valued at approximately $39,000. Truvestments Capital LLC acquired a new position in shares of FS Credit Opportunities during the third quarter valued at $52,000. PSI Advisors LLC raised its stake in shares of FS Credit Opportunities by 118.5% during the fourth quarter. PSI Advisors LLC now owns 7,646 shares of the company’s stock valued at $52,000 after purchasing an additional 4,146 shares in the last quarter. Nwam LLC bought a new stake in shares of FS Credit Opportunities during the third quarter valued at about $66,000. Finally, Compass Ion Advisors LLC acquired a new stake in FS Credit Opportunities in the third quarter worth about $81,000. Institutional investors and hedge funds own 36.37% of the company’s stock.

FS Credit Opportunities Price Performance

FS Credit Opportunities stock opened at $6.98 on Tuesday. FS Credit Opportunities Corp. has a 52 week low of $5.61 and a 52 week high of $7.12. The company’s 50-day moving average price is $6.80 and its two-hundred day moving average price is $6.56.

FS Credit Opportunities Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 24th were paid a dividend of $0.0645 per share. This represents a $0.77 dividend on an annualized basis and a dividend yield of 11.10%. The ex-dividend date of this dividend was Friday, January 24th. This is a positive change from FS Credit Opportunities’s previous monthly dividend of $0.06.

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.