FS Credit Opportunities Corp. (NYSE:FSCO) Shares Sold by Cwm LLC

Cwm LLC decreased its holdings in FS Credit Opportunities Corp. (NYSE:FSCO) by 19.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 373,922 shares of the company’s stock after selling 89,085 shares during the quarter. Cwm LLC owned about 0.19% of FS Credit Opportunities worth $2,120,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of FSCO. Alpine Global Management LLC raised its position in FS Credit Opportunities by 693.3% in the 3rd quarter. Alpine Global Management LLC now owns 1,176,000 shares of the company’s stock valued at $6,374,000 after purchasing an additional 1,027,766 shares during the last quarter. Saba Capital Management L.P. raised its position in FS Credit Opportunities by 11.8% in the 3rd quarter. Saba Capital Management L.P. now owns 7,907,125 shares of the company’s stock valued at $42,857,000 after purchasing an additional 837,166 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. raised its position in FS Credit Opportunities by 13.0% in the 3rd quarter. Thomas J. Herzfeld Advisors Inc. now owns 4,862,124 shares of the company’s stock valued at $26,353,000 after purchasing an additional 558,869 shares during the last quarter. Nomura Holdings Inc. purchased a new stake in FS Credit Opportunities in the 3rd quarter valued at $2,967,000. Finally, Wagner Wealth Management LLC raised its position in FS Credit Opportunities by 17.3% in the 4th quarter. Wagner Wealth Management LLC now owns 3,045,132 shares of the company’s stock valued at $17,266,000 after purchasing an additional 448,199 shares during the last quarter. Hedge funds and other institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Trading Down 0.5 %

FSCO stock opened at $5.82 on Friday. FS Credit Opportunities Corp. has a 12 month low of $4.14 and a 12 month high of $6.04. The company has a fifty day moving average price of $5.82 and a 200 day moving average price of $5.71.

FS Credit Opportunities Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 23rd will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Monday, April 22nd. This represents a $0.72 dividend on an annualized basis and a yield of 12.37%.

Insiders Place Their Bets

In other news, Director Barbara J. Fouss acquired 11,000 shares of the business’s stock in a transaction on Monday, March 18th. The stock was bought at an average price of $5.87 per share, for a total transaction of $64,570.00. Following the transaction, the director now owns 21,130 shares in the company, valued at $124,033.10. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Barbara J. Fouss purchased 11,000 shares of the stock in a transaction dated Monday, March 18th. The shares were acquired at an average cost of $5.87 per share, with a total value of $64,570.00. Following the purchase, the director now directly owns 21,130 shares in the company, valued at approximately $124,033.10. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Keith Bethel purchased 6,500 shares of the stock in a transaction dated Wednesday, March 13th. The shares were bought at an average cost of $5.80 per share, for a total transaction of $37,700.00. Following the completion of the purchase, the director now owns 11,500 shares in the company, valued at $66,700. The disclosure for this purchase can be found here. 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.