138,341 FS Credit Opportunities Corp. $FSCO Shares Bought by Noble Wealth Management PBC

Noble Wealth Management PBC grew its holdings in FS Credit Opportunities Corp. (NYSE:FSCO) by 27.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 637,478 shares of the company’s stock after purchasing an additional 138,341 shares during the period. FS Credit Opportunities comprises approximately 1.5% of Noble Wealth Management PBC’s investment portfolio, making the stock its 16th biggest holding. Noble Wealth Management PBC owned approximately 0.32% of FS Credit Opportunities worth $3,289,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in FSCO. Arlington Capital Management Inc. bought a new position in FS Credit Opportunities in the second quarter valued at $1,110,000. Allworth Financial LP increased its stake in FS Credit Opportunities by 9.3% in the 2nd quarter. Allworth Financial LP now owns 29,398 shares of the company’s stock valued at $147,000 after buying an additional 2,501 shares during the last quarter. Corient Private Wealth LP bought a new stake in FS Credit Opportunities during the 2nd quarter worth about $474,000. Kintra Wealth LLC bought a new stake in FS Credit Opportunities during the 2nd quarter worth about $52,000. Finally, Continuum Advisory LLC acquired a new position in shares of FS Credit Opportunities during the 2nd quarter worth about $33,000. Institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Price Performance

Shares of NYSE FSCO traded down $0.04 during mid-day trading on Thursday, hitting $5.12. The company had a trading volume of 1,657,531 shares, compared to its average volume of 1,351,035. The firm has a 50-day simple moving average of $5.13 and a two-hundred day simple moving average of $5.05. FS Credit Opportunities Corp. has a one year low of $4.13 and a one year high of $7.15.

FS Credit Opportunities Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 23rd were paid a $0.0594 dividend. The ex-dividend date was Wednesday, September 23rd. This represents a $0.71 dividend on an annualized basis and a yield of 13.9%.

FS Credit Opportunities Profile

FS Credit Opportunities Corp. (NYSE:FSCO) is a closed-end investment company focused on investing in credit-related opportunities. The fund seeks to generate current income and, to a lesser extent, capital appreciation by investing across a diversified portfolio of credit instruments.

Its investments may include privately originated loans, corporate debt, high-yield bonds, structured credit, collateralized loan obligations and other fixed-income securities. The portfolio can include both public and private credit investments and may span companies and issuers in the United States and other markets.

FS Credit Opportunities Corp.