WR Wealth Planners LLC Has $57,000 Stock Position in FS Credit Opportunities Corp. (NYSE:FSCO)

WR Wealth Planners LLC reduced its holdings in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 47.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,304 shares of the company’s stock after selling 7,436 shares during the quarter. WR Wealth Planners LLC’s holdings in FS Credit Opportunities were worth $57,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in FSCO. Spire Wealth Management bought a new position in shares of FS Credit Opportunities during the 4th quarter worth approximately $39,000. Truvestments Capital LLC bought a new position in shares of FS Credit Opportunities during the 3rd quarter worth approximately $52,000. PSI Advisors LLC boosted its stake in shares of FS Credit Opportunities by 118.5% during the 4th quarter. PSI Advisors LLC now owns 7,646 shares of the company’s stock worth $52,000 after acquiring an additional 4,146 shares during the period. Nwam LLC bought a new stake in FS Credit Opportunities in the 3rd quarter valued at $66,000. Finally, Park Avenue Securities LLC bought a new stake in FS Credit Opportunities in the 4th quarter valued at $82,000. 36.37% of the stock is currently owned by institutional investors.

FS Credit Opportunities Stock Performance

FSCO opened at $7.02 on Friday. The business has a fifty day simple moving average of $6.89 and a 200 day simple moving average of $6.64. FS Credit Opportunities Corp. has a 1 year low of $5.63 and a 1 year high of $7.12.

FS Credit Opportunities Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were paid a $0.0645 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $0.77 annualized dividend and a yield of 11.03%.

Insider Activity at FS Credit Opportunities

In other news, Director Keith Bethel purchased 5,000 shares of FS Credit Opportunities stock in a transaction that occurred on Thursday, February 13th. The stock was acquired at an average cost of $6.96 per share, for a total transaction of $34,800.00. Following the purchase, the director now directly owns 20,000 shares of the company’s stock, valued at $139,200. This trade represents a 33.33 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.26% of the stock is currently owned by corporate 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.