FS Credit Opportunities Corp. (NYSE:FSCO) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC decreased its position in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 1.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 11,984,689 shares of the company’s stock after selling 237,499 shares during the period. Commonwealth Equity Services LLC owned 3.49% of FS Credit Opportunities worth $76,342,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of FSCO. Cambridge Investment Research Advisors Inc. increased its stake in shares of FS Credit Opportunities by 3.3% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 5,348,705 shares of the company’s stock valued at $30,327,000 after acquiring an additional 172,413 shares during the last quarter. Nomura Holdings Inc. increased its position in FS Credit Opportunities by 1,134.0% during the fourth quarter. Nomura Holdings Inc. now owns 6,755,907 shares of the company’s stock worth $38,306,000 after purchasing an additional 6,208,428 shares during the last quarter. Choreo LLC purchased a new position in FS Credit Opportunities during the first quarter worth approximately $2,290,000. Avantax Advisory Services Inc. boosted its holdings in shares of FS Credit Opportunities by 147.8% in the 4th quarter. Avantax Advisory Services Inc. now owns 1,728,576 shares of the company’s stock valued at $9,801,000 after purchasing an additional 1,030,881 shares during the last quarter. Finally, Quadrature Capital Ltd grew its stake in shares of FS Credit Opportunities by 500.0% during the 4th quarter. Quadrature Capital Ltd now owns 204,487 shares of the company’s stock valued at $1,156,000 after buying an additional 170,405 shares during the period. Institutional investors and hedge funds own 36.37% of the company’s stock.

FS Credit Opportunities Trading Down 0.2 %

Shares of FSCO stock traded down $0.01 on Friday, reaching $6.29. 528,019 shares of the stock were exchanged, compared to its average volume of 673,494. The firm has a 50 day moving average of $6.31 and a two-hundred day moving average of $6.11. FS Credit Opportunities Corp. has a 1-year low of $5.00 and a 1-year high of $6.64.

FS Credit Opportunities Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, August 30th. Shareholders of record on Friday, August 23rd were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $0.72 annualized dividend and a yield of 11.45%.

Insider Transactions at FS Credit Opportunities

In other FS Credit Opportunities news, Director Barbara J. Fouss purchased 6,000 shares of FS Credit Opportunities stock in a transaction on Tuesday, June 11th. The shares were purchased at an average cost of $6.40 per share, with a total value of $38,400.00. Following the completion of the transaction, the director now directly owns 27,130 shares in the company, 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. Company insiders own 0.26% of the company’s stock.

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.