WCG Wealth Advisors LLC cut its holdings in FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 62.3% during the 4th 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 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Sunbelt Securities Inc. lifted its position in shares of FS Credit Opportunities by 101.4% during the 4th quarter. Sunbelt Securities Inc. now owns 13,140 shares of the company's stock valued at $88,000 after acquiring an additional 6,617 shares during the last quarter. Investmark Advisory Group LLC raised its position in shares of FS Credit Opportunities by 5.5% during the fourth quarter. Investmark Advisory Group LLC now owns 113,751 shares of the company's stock worth $776,000 after purchasing an additional 5,960 shares during the period. Visionary Wealth Advisors lifted its holdings in shares of FS Credit Opportunities by 25.2% during the fourth quarter. Visionary Wealth Advisors now owns 191,081 shares of the company's stock valued at $1,303,000 after purchasing an additional 38,429 shares during the last quarter. Sentinus LLC lifted its holdings in shares of FS Credit Opportunities by 6.8% during the fourth quarter. Sentinus LLC now owns 88,470 shares of the company's stock valued at $603,000 after purchasing an additional 5,613 shares during the last quarter. Finally, Jefferies Financial Group Inc. acquired a new position in shares of FS Credit Opportunities in the 4th quarter valued at $136,000. 36.37% of the stock is owned by institutional investors and hedge funds.
FS Credit Opportunities Trading Up 0.6%
FSCO traded up $0.05 during trading on Friday, reaching $7.22. The company had a trading volume of 691,533 shares, compared to its average volume of 812,593. The firm's 50-day simple moving average is $6.82 and its 200 day simple moving average is $6.83. FS Credit Opportunities Corp. has a 12-month low of $5.29 and a 12-month high of $7.23.
FS Credit Opportunities Dividend Announcement
The company 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 $0.0645 dividend. This represents a $0.77 annualized dividend and a dividend yield of 10.73%. The ex-dividend date is Thursday, May 22nd.
About FS Credit Opportunities
(
Free Report)
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.
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