Wagner Wealth Management LLC Buys 448,199 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

Wagner Wealth Management LLC raised its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 17.3% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 3,045,132 shares of the company's stock after purchasing an additional 448,199 shares during the period. FS Credit Opportunities accounts for about 5.8% of Wagner Wealth Management LLC's investment portfolio, making the stock its 3rd biggest holding. Wagner Wealth Management LLC owned approximately 1.54% of FS Credit Opportunities worth $17,266,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of FSCO. SageView Advisory Group LLC bought a new stake in FS Credit Opportunities during the second quarter valued at about $101,000. Cerity Partners LLC grew its holdings in FS Credit Opportunities by 28.5% during the second quarter. Cerity Partners LLC now owns 45,414 shares of the company's stock valued at $216,000 after purchasing an additional 10,086 shares during the period. Bleakley Financial Group LLC bought a new stake in FS Credit Opportunities during the second quarter valued at about $231,000. Bison Wealth LLC grew its holdings in FS Credit Opportunities by 69.0% during the second quarter. Bison Wealth LLC now owns 36,385 shares of the company's stock valued at $173,000 after purchasing an additional 14,859 shares during the period. Finally, Perennial Investment Advisors LLC lifted its position in shares of FS Credit Opportunities by 24.8% in the second quarter. Perennial Investment Advisors LLC now owns 32,741 shares of the company's stock valued at $156,000 after acquiring an additional 6,499 shares in the last quarter. Institutional investors own 36.37% of the company's stock.

FS Credit Opportunities Stock Performance

Shares of NYSE FSCO traded up $0.10 during mid-day trading on Friday, reaching $5.93. The company's stock had a trading volume of 1,093,931 shares, compared to its average volume of 697,764. The stock has a fifty day moving average of $5.78 and a two-hundred day moving average of $5.64. FS Credit Opportunities Corp. has a 52 week low of $4.12 and a 52 week high of $6.00.

FS Credit Opportunities Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 21st were issued a dividend of $0.06 per share. This is a positive change from FS Credit Opportunities's previous monthly dividend of $0.06. This represents a $0.72 dividend on an annualized basis and a yield of 12.14%. The ex-dividend date was Wednesday, March 20th.

Insider Activity

In related news, Director Barbara J. Fouss acquired 11,000 shares of FS Credit Opportunities stock in a transaction dated Monday, March 18th. The shares were purchased at an average price of $5.87 per share, for a total transaction of $64,570.00. Following the completion of the transaction, the director now directly owns 21,130 shares in the company, valued at approximately $124,033.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, Director Barbara J. Fouss acquired 11,000 shares of FS Credit Opportunities stock in a transaction dated Monday, March 18th. The shares were purchased at an average price of $5.87 per share, for a total transaction of $64,570.00. Following the completion of the transaction, the director now directly owns 21,130 shares in the company, valued at approximately $124,033.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Keith Bethel purchased 6,500 shares of FS Credit Opportunities stock in a transaction that occurred on Wednesday, March 13th. The stock was acquired at an average price of $5.80 per share, for a total transaction of $37,700.00. Following the transaction, the director now directly owns 11,500 shares of the company's stock, valued at approximately $66,700. The disclosure for this purchase can be found here. Company insiders own 0.26% of the company's stock.

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.