FS Credit Opportunities Corp. (NYSE:FSCO) Shares Sold by WealthPlan Investment Management LLC

WealthPlan Investment Management LLC decreased its holdings in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 6.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 170,540 shares of the company’s stock after selling 12,265 shares during the period. WealthPlan Investment Management LLC’s holdings in FS Credit Opportunities were worth $1,083,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Coppell Advisory Solutions Corp. acquired a new stake in FS Credit Opportunities in the 1st quarter valued at about $65,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in FS Credit Opportunities during the second quarter worth approximately $73,000. SYM FINANCIAL Corp purchased a new stake in FS Credit Opportunities in the 2nd quarter worth approximately $76,000. Compass Ion Advisors LLC purchased a new position in shares of FS Credit Opportunities during the 3rd quarter worth $81,000. Finally, Capital CS Group LLC acquired a new position in shares of FS Credit Opportunities during the 2nd quarter valued at about $85,000. 36.37% of the stock is owned by institutional investors and hedge funds.

FS Credit Opportunities Trading Up 0.2 %

Shares of FSCO opened at $6.52 on Tuesday. FS Credit Opportunities Corp. has a fifty-two week low of $5.47 and a fifty-two week high of $6.75. The company’s fifty day moving average is $6.49 and its two-hundred day moving average is $6.35.

FS Credit Opportunities Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be given a dividend of $0.06 per share. This represents a $0.72 dividend on an annualized basis and a yield of 11.04%. The ex-dividend date is Thursday, November 21st.

Insider Activity

In other FS Credit Opportunities news, CEO Michael C. Forman sold 102,860 shares of the stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $6.11, for a total value of $628,474.60. Following the completion of the sale, the chief executive officer now owns 13,437 shares of the company’s stock, valued at $82,100.07. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Michael C. Forman sold 218,961 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $6.15, for a total transaction of $1,346,610.15. Following the completion of the sale, the chief executive officer now owns 116,297 shares of the company’s stock, valued at approximately $715,226.55. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Michael C. Forman sold 102,860 shares of the company’s stock in a transaction on Monday, September 9th. The shares were sold at an average price of $6.11, for a total transaction of $628,474.60. Following the completion of the sale, the chief executive officer now directly owns 13,437 shares in the company, valued at $82,100.07. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.26% of the company’s stock.

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.