Good Life Advisors LLC Decreases Stake in FS Credit Opportunities Corp. (NYSE:FSCO)

Good Life Advisors LLC trimmed its position in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 51.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 63,699 shares of the company’s stock after selling 66,931 shares during the period. Good Life Advisors LLC’s holdings in FS Credit Opportunities were worth $434,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in FSCO. Spire Wealth Management acquired a new stake in shares of FS Credit Opportunities during the 4th quarter worth about $39,000. Truvestments Capital LLC acquired a new stake in FS Credit Opportunities during the third quarter worth approximately $52,000. PSI Advisors LLC raised its holdings in FS Credit Opportunities by 118.5% during the fourth 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. Nwam LLC purchased a new stake in shares of FS Credit Opportunities during the 3rd quarter worth approximately $66,000. Finally, Park Avenue Securities LLC acquired a new position in shares of FS Credit Opportunities in the 4th quarter valued at $82,000. Institutional investors and hedge funds own 36.37% of the company’s stock.

Insider Transactions at FS Credit Opportunities

In other news, Director Keith Bethel acquired 5,000 shares of the firm’s stock in a transaction dated Thursday, February 13th. The stock was acquired at an average cost of $6.96 per share, with a total value of $34,800.00. Following the completion of the acquisition, the director now 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 accessible through this hyperlink. Insiders own 0.26% of the company’s stock.

FS Credit Opportunities Stock Up 0.1 %

NYSE FSCO opened at $6.96 on Friday. FS Credit Opportunities Corp. has a 12 month low of $5.61 and a 12 month high of $7.12. The firm’s fifty day moving average price is $6.86 and its 200 day moving average price is $6.60.

FS Credit Opportunities Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be issued a dividend of $0.0645 per share. This represents a $0.77 annualized dividend and a dividend yield of 11.13%. The ex-dividend date of this dividend is Friday, February 21st.

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.