FS Credit Opportunities Corp. (NYSE:FSCO) Shares Sold by Western Wealth Management LLC

Western Wealth Management LLC cut its holdings in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 10.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,252 shares of the company’s stock after selling 3,000 shares during the period. Western Wealth Management LLC’s holdings in FS Credit Opportunities were worth $167,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FSCO. Mather Group LLC. acquired a new stake in FS Credit Opportunities during the first quarter valued at approximately $31,000. ICA Group Wealth Management LLC acquired a new stake in FS Credit Opportunities during the fourth quarter valued at approximately $35,000. Blue Bell Private Wealth Management LLC lifted its stake in FS Credit Opportunities by 51.7% during the first quarter. Blue Bell Private Wealth Management LLC now owns 8,800 shares of the company’s stock valued at $52,000 after purchasing an additional 3,000 shares during the last quarter. Gerber LLC acquired a new stake in FS Credit Opportunities during the fourth quarter valued at approximately $57,000. Finally, Coppell Advisory Solutions Corp. purchased a new stake in shares of FS Credit Opportunities in the 1st quarter valued at approximately $65,000. 36.37% of the stock is owned by institutional investors and hedge funds.

FS Credit Opportunities Stock Performance

Shares of NYSE:FSCO opened at $6.29 on Tuesday. FS Credit Opportunities Corp. has a 52 week low of $5.00 and a 52 week high of $6.64. The firm has a 50 day simple moving average of $6.34 and a 200 day simple moving average of $6.08.

FS Credit Opportunities Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, August 30th. Investors of record on Friday, August 23rd will be given a $0.06 dividend. The ex-dividend date of this dividend is Friday, August 23rd. This represents a $0.72 annualized dividend and a dividend yield of 11.46%.

Insider Activity at FS Credit Opportunities

In other news, Director Barbara J. Fouss purchased 6,000 shares of FS Credit Opportunities stock in a transaction that occurred on Tuesday, June 11th. The stock was acquired at an average price of $6.40 per share, for a total transaction of $38,400.00. Following the transaction, the director now owns 27,130 shares in the company, valued at $173,632. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.26% of the stock is owned by insiders.

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.