Austin Wealth Management LLC Invests $83,000 in FS Credit Opportunities Corp. (NYSE:FSCO)

Austin Wealth Management LLC acquired a new position in shares of FS Credit Opportunities Corp. (NYSE:FSCO) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 14,076 shares of the company’s stock, valued at approximately $83,000.

Several other large investors have also modified their holdings of FSCO. Nomura Holdings Inc. boosted its stake in shares of FS Credit Opportunities by 1,134.0% during the 4th quarter. Nomura Holdings Inc. now owns 6,755,907 shares of the company’s stock worth $38,306,000 after acquiring an additional 6,208,428 shares in the last quarter. Avantax Advisory Services Inc. boosted its position in shares of FS Credit Opportunities by 147.8% in the fourth quarter. Avantax Advisory Services Inc. now owns 1,728,576 shares of the company’s stock worth $9,801,000 after buying an additional 1,030,881 shares during the period. Alpine Global Management LLC boosted its position in shares of FS Credit Opportunities by 693.3% in the third quarter. Alpine Global Management LLC now owns 1,176,000 shares of the company’s stock worth $6,374,000 after buying an additional 1,027,766 shares during the period. Saba Capital Management L.P. boosted its position in shares of FS Credit Opportunities by 11.8% in the third quarter. Saba Capital Management L.P. now owns 7,907,125 shares of the company’s stock worth $42,857,000 after buying an additional 837,166 shares during the period. Finally, Thomas J. Herzfeld Advisors Inc. boosted its position in shares of FS Credit Opportunities by 13.0% in the third quarter. Thomas J. Herzfeld Advisors Inc. now owns 4,862,124 shares of the company’s stock worth $26,353,000 after buying an additional 558,869 shares during the period. 36.37% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director Barbara J. Fouss acquired 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 11th. The stock was acquired at an average cost of $6.40 per share, for a total transaction of $38,400.00. Following the completion of the acquisition, the director now owns 27,130 shares in the company, valued at $173,632. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Barbara J. Fouss acquired 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 11th. The stock was acquired at an average cost of $6.40 per share, for a total transaction of $38,400.00. Following the completion of the acquisition, the director now owns 27,130 shares in the company, valued at $173,632. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Barbara J. Fouss acquired 11,000 shares of the business’s stock in a transaction that occurred on Monday, March 18th. The shares were purchased at an average price of $5.87 per share, with a total value of $64,570.00. Following the completion of the acquisition, the director now owns 21,130 shares of the company’s stock, valued at approximately $124,033.10. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 20,500 shares of company stock worth $125,020. Corporate insiders own 0.26% of the company’s stock.

FS Credit Opportunities Stock Down 0.9 %

Shares of FS Credit Opportunities stock opened at $6.43 on Friday. The business has a fifty day simple moving average of $6.13 and a 200-day simple moving average of $5.89. FS Credit Opportunities Corp. has a 12 month low of $4.57 and a 12 month high of $6.50.

FS Credit Opportunities Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 21st will be given a $0.06 dividend. The ex-dividend date is Friday, June 21st. This represents a $0.72 annualized dividend and a dividend yield of 11.20%.

FS Credit Opportunities Company Profile

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.