Endowment Wealth Management Inc. Has $402,000 Stock Holdings in FS Credit Opportunities Corp. (NYSE:FSCO)

Endowment Wealth Management Inc. reduced its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 12.5% in the 4th quarter, Holdings Channel reports. The firm owned 58,879 shares of the company’s stock after selling 8,422 shares during the quarter. Endowment Wealth Management Inc.’s holdings in FS Credit Opportunities were worth $402,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Vista Finance LLC boosted its stake in FS Credit Opportunities by 2.0% during the 4th quarter. Vista Finance LLC now owns 1,711,019 shares of the company’s stock valued at $11,669,000 after purchasing an additional 34,190 shares during the last quarter. Ellis Investment Partners LLC boosted its holdings in shares of FS Credit Opportunities by 1.7% in the 4th quarter. Ellis Investment Partners LLC now owns 812,628 shares of the company’s stock worth $5,542,000 after purchasing an additional 13,624 shares in the last quarter. Noble Wealth Management PBC purchased a new position in FS Credit Opportunities in the 4th quarter worth $3,255,000. Raymond James Financial Inc. bought a new position in shares of FS Credit Opportunities in the fourth quarter worth approximately $3,128,000. Finally, Stratos Wealth Partners LTD. grew its holdings in shares of FS Credit Opportunities by 0.9% during the 4th quarter. Stratos Wealth Partners LTD. now owns 337,076 shares of the company’s stock worth $2,299,000 after acquiring an additional 2,888 shares during the period. 36.37% of the stock is owned by institutional investors.

FS Credit Opportunities Trading Down 1.4 %

Shares of FSCO opened at $6.90 on Tuesday. FS Credit Opportunities Corp. has a 1-year low of $5.65 and a 1-year high of $7.12. The firm has a fifty day simple moving average of $6.92 and a two-hundred day simple moving average of $6.67.

FS Credit Opportunities Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 24th will be issued a $0.0645 dividend. The ex-dividend date of this dividend is Monday, March 24th. This represents a $0.77 annualized dividend and a dividend yield of 11.23%.

Insider Buying and Selling

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