Envestnet Asset Management Inc. Has $11.96 Million Stock Holdings in FS Credit Opportunities Corp. (NYSE:FSCO)

Envestnet Asset Management Inc. decreased its holdings in FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 21.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,753,705 shares of the company's stock after selling 465,323 shares during the quarter. Envestnet Asset Management Inc. owned 0.51% of FS Credit Opportunities worth $11,960,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Consolidated Portfolio Review Corp boosted its stake in shares of FS Credit Opportunities by 1.8% in the fourth quarter. Consolidated Portfolio Review Corp now owns 101,909 shares of the company's stock valued at $695,000 after buying an additional 1,827 shares during the period. Stratos Wealth Partners LTD. raised its holdings in FS Credit Opportunities by 0.9% in the 4th quarter. Stratos Wealth Partners LTD. now owns 337,076 shares of the company's stock valued at $2,299,000 after acquiring an additional 2,888 shares in the last quarter. True North Advisors LLC lifted its position in shares of FS Credit Opportunities by 11.1% during the 4th quarter. True North Advisors LLC now owns 31,470 shares of the company's stock valued at $215,000 after acquiring an additional 3,147 shares during the period. PSI Advisors LLC grew its holdings in shares of FS Credit Opportunities by 118.5% during the 4th quarter. PSI Advisors LLC now owns 7,646 shares of the company's stock worth $52,000 after purchasing an additional 4,146 shares in the last quarter. Finally, Atomi Financial Group Inc. grew 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 purchasing an additional 4,192 shares in the last quarter. Institutional investors own 36.37% of the company's stock.

FS Credit Opportunities Stock Up 1.1 %

FSCO stock traded up $0.07 during midday trading on Wednesday, reaching $6.62. The company had a trading volume of 270,263 shares, compared to its average volume of 996,153. FS Credit Opportunities Corp. has a 1-year low of $5.29 and a 1-year high of $7.16. The stock has a 50 day moving average price of $6.81 and a 200-day moving average price of $6.76.

FS Credit Opportunities Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 23rd will be issued a dividend of $0.0645 per share. This represents a $0.77 dividend on an annualized basis and a dividend yield of 11.69%. The ex-dividend date is Wednesday, April 23rd.

Insider Buying and Selling

In other FS Credit Opportunities news, Director Keith Bethel acquired 5,000 shares of the company's stock in a transaction that occurred on Thursday, February 13th. The stock was acquired at an average cost of $6.96 per share, for a total transaction of $34,800.00. Following the transaction, the director now directly owns 20,000 shares in the company, valued at $139,200. This represents a 33.33 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. 0.26% of the stock is currently owned by company insiders.

About FS Credit Opportunities

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.