Axxcess Wealth Management LLC Sells 42,806 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

Axxcess Wealth Management LLC decreased its position in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 27.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 113,860 shares of the company’s stock after selling 42,806 shares during the quarter. Axxcess Wealth Management LLC’s holdings in FS Credit Opportunities were worth $675,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Mather Group LLC. bought a new position in shares of FS Credit Opportunities during the first quarter worth $31,000. ICA Group Wealth Management LLC acquired a new position in FS Credit Opportunities in the fourth quarter valued at about $35,000. Blue Bell Private Wealth Management LLC grew its stake in FS Credit Opportunities by 51.7% in the first quarter. Blue Bell Private Wealth Management LLC now owns 8,800 shares of the company’s stock valued at $52,000 after acquiring an additional 3,000 shares during the period. Gerber LLC bought a new stake in shares of FS Credit Opportunities in the fourth quarter worth about $57,000. Finally, Global Assets Advisory LLC acquired a new stake in shares of FS Credit Opportunities during the first quarter worth about $68,000. Institutional investors and hedge funds own 36.37% of the company’s stock.

FS Credit Opportunities Price Performance

Shares of FSCO traded up $0.09 on Friday, hitting $6.29. The company’s stock had a trading volume of 623,271 shares, compared to its average volume of 655,027. The firm’s fifty day moving average price is $6.36 and its 200-day moving average price is $6.02. FS Credit Opportunities Corp. has a fifty-two week low of $4.98 and a fifty-two week high of $6.64.

FS Credit Opportunities Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Wednesday, July 24th will be issued a $0.06 dividend. This represents a $0.72 annualized dividend and a dividend yield of 11.45%. The ex-dividend date is Wednesday, July 24th.

Insider Transactions at FS Credit Opportunities

In related news, Director Barbara J. Fouss acquired 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 11th. The shares were acquired at an average cost of $6.40 per share, with a total value of $38,400.00. Following the transaction, the director now owns 27,130 shares of the company’s stock, valued at approximately $173,632. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.26% of the stock is owned by 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.