SeaCrest Wealth Management LLC Purchases 6,867 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

SeaCrest Wealth Management LLC grew its position in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 16.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 48,943 shares of the company’s stock after buying an additional 6,867 shares during the period. SeaCrest Wealth Management LLC’s holdings in FS Credit Opportunities were worth $312,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Denver Wealth Management Inc. increased its position in FS Credit Opportunities by 12.6% during the 2nd quarter. Denver Wealth Management Inc. now owns 32,762 shares of the company’s stock worth $209,000 after buying an additional 3,670 shares during the period. Tennessee Valley Asset Management Partners acquired a new stake in shares of FS Credit Opportunities during the 2nd quarter worth $216,000. McGlone Suttner Wealth Management Inc. acquired a new stake in shares of FS Credit Opportunities during the 2nd quarter worth $86,000. Capital CS Group LLC acquired a new stake in shares of FS Credit Opportunities during the 2nd quarter worth $85,000. Finally, Simplicity Wealth LLC grew its holdings in shares of FS Credit Opportunities by 8.7% during the 2nd quarter. Simplicity Wealth LLC now owns 55,095 shares of the company’s stock worth $351,000 after purchasing an additional 4,393 shares in the last quarter. Institutional investors own 36.37% of the company’s stock.

Insider Transactions at FS Credit Opportunities

In other FS Credit Opportunities news, Director Barbara J. Fouss acquired 6,000 shares of FS Credit Opportunities stock in a transaction that occurred on Tuesday, June 11th. The shares were acquired at an average cost of $6.40 per share, with a total value of $38,400.00. Following the completion of the purchase, the director now directly owns 27,130 shares of the company’s stock, valued at approximately $173,632. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.26% of the stock is currently owned by insiders.

FS Credit Opportunities Stock Performance

Shares of FSCO traded up $0.06 during trading hours on Tuesday, hitting $6.34. 393,726 shares of the company were exchanged, compared to its average volume of 671,540. FS Credit Opportunities Corp. has a fifty-two week low of $5.00 and a fifty-two week high of $6.64. The firm’s fifty day moving average is $6.34 and its 200 day moving average is $6.08.

FS Credit Opportunities Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, August 30th. Stockholders of record on Friday, August 23rd will be issued a dividend of $0.06 per share. This represents a $0.72 annualized dividend and a dividend yield of 11.36%. The ex-dividend date is Friday, August 23rd.

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.