West Michigan Advisors LLC Has $938,000 Holdings in FS Credit Opportunities Corp. (NYSE:FSCO)

West Michigan Advisors LLC decreased its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 7.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 147,657 shares of the company’s stock after selling 11,786 shares during the period. West Michigan Advisors LLC’s holdings in FS Credit Opportunities were worth $938,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cetera Investment Advisers raised its stake in shares of FS Credit Opportunities by 2,693.8% in the 1st quarter. Cetera Investment Advisers now owns 3,050,684 shares of the company’s stock valued at $18,091,000 after purchasing an additional 2,941,488 shares during the period. Envestnet Asset Management Inc. raised its position in FS Credit Opportunities by 3.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,854,560 shares of the company’s stock valued at $11,814,000 after buying an additional 64,734 shares during the last quarter. Vista Finance LLC lifted its stake in FS Credit Opportunities by 865.7% in the 2nd quarter. Vista Finance LLC now owns 1,609,868 shares of the company’s stock valued at $10,255,000 after acquiring an additional 1,443,169 shares in the last quarter. Cetera Advisors LLC boosted its position in FS Credit Opportunities by 2.3% during the 1st quarter. Cetera Advisors LLC now owns 1,294,009 shares of the company’s stock worth $7,673,000 after acquiring an additional 28,563 shares during the last quarter. Finally, Private Advisor Group LLC grew its stake in shares of FS Credit Opportunities by 1.4% during the 3rd quarter. Private Advisor Group LLC now owns 781,108 shares of the company’s stock worth $4,960,000 after acquiring an additional 10,853 shares in the last quarter. 36.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at FS Credit Opportunities

In related news, CEO Michael C. Forman sold 102,860 shares of the company’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $6.11, for a total transaction of $628,474.60. Following the sale, the chief executive officer now owns 13,437 shares in the company, valued at approximately $82,100.07. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, CEO Michael C. Forman sold 102,860 shares of the business’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 transaction, the chief executive officer now directly owns 13,437 shares in the company, valued at approximately $82,100.07. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Michael C. Forman sold 218,961 shares of the stock in a transaction 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 represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.26% of the company’s stock.

FS Credit Opportunities Price Performance

Shares of FSCO stock opened at $6.62 on Friday. FS Credit Opportunities Corp. has a 12 month low of $5.28 and a 12 month high of $6.75. The company’s fifty day simple moving average is $6.41 and its 200-day simple moving average is $6.29.

FS Credit Opportunities Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Thursday, October 24th will be given a dividend of $0.06 per share. The ex-dividend date is Thursday, October 24th. This represents a $0.72 annualized dividend and a yield of 10.88%.

FS Credit Opportunities Company 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.