WCG Wealth Advisors LLC Decreases Stock Holdings in FS Credit Opportunities Corp. (NYSE:FSCO)

WCG Wealth Advisors LLC decreased its position in FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 62.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 57,391 shares of the company's stock after selling 94,825 shares during the quarter. WCG Wealth Advisors LLC's holdings in FS Credit Opportunities were worth $391,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Park Avenue Securities LLC purchased a new position in FS Credit Opportunities in the fourth quarter worth about $82,000. Atomi Financial Group Inc. raised its holdings in shares of FS Credit Opportunities by 6.5% during the 4th quarter. Atomi Financial Group Inc. now owns 69,149 shares of the company's stock worth $472,000 after acquiring an additional 4,192 shares in the last quarter. Cornerstone Wealth Management LLC raised its holdings in shares of FS Credit Opportunities by 5.6% during the 4th quarter. Cornerstone Wealth Management LLC now owns 261,582 shares of the company's stock worth $1,784,000 after acquiring an additional 13,862 shares in the last quarter. LexAurum Advisors LLC raised its holdings in shares of FS Credit Opportunities by 55.5% during the 4th quarter. LexAurum Advisors LLC now owns 33,514 shares of the company's stock worth $229,000 after acquiring an additional 11,961 shares in the last quarter. Finally, Geneos Wealth Management Inc. purchased a new stake in shares of FS Credit Opportunities during the 4th quarter worth approximately $2,252,000. Institutional investors own 36.37% of the company's stock.

FS Credit Opportunities Stock Performance

Shares of NYSE:FSCO traded up $0.11 on Thursday, reaching $7.17. The company's stock had a trading volume of 1,077,828 shares, compared to its average volume of 811,591. FS Credit Opportunities Corp. has a 52-week low of $5.29 and a 52-week high of $7.23. The company has a 50-day simple moving average of $6.82 and a 200 day simple moving average of $6.82.

FS Credit Opportunities Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 22nd will be given a dividend of $0.0645 per share. This represents a $0.77 annualized dividend and a dividend yield of 10.80%. The ex-dividend date of this dividend is Thursday, May 22nd.

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.