Investmark Advisory Group LLC Lowers Stock Position in FS Credit Opportunities Corp. (NYSE:FSCO)

Investmark Advisory Group LLC trimmed its holdings in FS Credit Opportunities Corp. (NYSE:FSCO) by 3.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 107,791 shares of the company’s stock after selling 4,205 shares during the period. Investmark Advisory Group LLC’s holdings in FS Credit Opportunities were worth $684,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Truvestments Capital LLC bought a new stake in FS Credit Opportunities during the third quarter worth approximately $52,000. Nwam LLC bought a new position in shares of FS Credit Opportunities in the third quarter valued at approximately $66,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in FS Credit Opportunities during the 2nd quarter worth about $73,000. SYM FINANCIAL Corp bought a new position in FS Credit Opportunities during the second quarter worth about $76,000. Finally, Compass Ion Advisors LLC bought a new position in FS Credit Opportunities in the third quarter valued at $81,000. 36.37% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other FS Credit Opportunities news, CEO Michael C. Forman sold 102,860 shares of the business’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $6.11, for a total value of $628,474.60. Following the completion of the transaction, the chief executive officer now owns 13,437 shares of the company’s stock, valued at approximately $82,100.07. The trade was a 88.45 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.26% of the company’s stock.

FS Credit Opportunities Stock Up 0.4 %

Shares of FSCO opened at $6.79 on Tuesday. FS Credit Opportunities Corp. has a 12 month low of $5.47 and a 12 month high of $6.81. The firm’s 50 day moving average is $6.59 and its 200-day moving average is $6.41.

FS Credit Opportunities Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 21st were given a dividend of $0.06 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 10.60%. The ex-dividend date was Thursday, November 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.