Rockefeller Capital Management L.P. Sells 49,693 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

Rockefeller Capital Management L.P. trimmed its holdings in FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 3.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,338,737 shares of the company's stock after selling 49,693 shares during the quarter. Rockefeller Capital Management L.P. owned about 0.39% of FS Credit Opportunities worth $9,130,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Consolidated Portfolio Review Corp raised its position in shares of FS Credit Opportunities by 1.8% during the fourth quarter. Consolidated Portfolio Review Corp now owns 101,909 shares of the company's stock worth $695,000 after acquiring an additional 1,827 shares during the last quarter. Stratos Wealth Partners LTD. increased its position in FS Credit Opportunities by 0.9% in the fourth quarter. Stratos Wealth Partners LTD. now owns 337,076 shares of the company's stock worth $2,299,000 after purchasing an additional 2,888 shares during the period. True North Advisors LLC raised its holdings in FS Credit Opportunities by 11.1% during the 4th quarter. True North Advisors LLC now owns 31,470 shares of the company's stock worth $215,000 after purchasing an additional 3,147 shares during the last quarter. PSI Advisors LLC lifted its position in FS Credit Opportunities by 118.5% during the 4th quarter. PSI Advisors LLC now owns 7,646 shares of the company's stock valued at $52,000 after purchasing an additional 4,146 shares during the period. Finally, Atomi Financial Group Inc. boosted its stake in shares of FS Credit Opportunities by 6.5% in the 4th quarter. Atomi Financial Group Inc. now owns 69,149 shares of the company's stock valued at $472,000 after purchasing an additional 4,192 shares during the last quarter. Institutional investors and hedge funds own 36.37% of the company's stock.

FS Credit Opportunities Trading Up 0.8 %

NYSE FSCO traded up $0.05 during trading hours on Tuesday, hitting $6.63. The company's stock had a trading volume of 479,792 shares, compared to its average volume of 783,505. FS Credit Opportunities Corp. has a twelve month low of $5.29 and a twelve month high of $7.16. The stock has a fifty day moving average of $6.81 and a 200 day moving average of $6.76.

FS Credit Opportunities Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 23rd will be given a $0.0645 dividend. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a $0.77 annualized dividend and a dividend yield of 11.67%.

Insider Buying and Selling

In other news, Director Keith Bethel acquired 5,000 shares of FS Credit Opportunities stock in a transaction that occurred on Thursday, February 13th. The shares were acquired at an average price of $6.96 per share, with a total value of $34,800.00. Following the purchase, the director now directly owns 20,000 shares of the company's stock, valued at $139,200. The trade was a 33.33 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.26% of the stock is owned by insiders.

FS Credit Opportunities 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.