J.W. Cole Advisors Inc. Sells 28,908 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

J.W. Cole Advisors Inc. trimmed its position in FS Credit Opportunities Corp. (NYSE:FSCO) by 44.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 36,087 shares of the company’s stock after selling 28,908 shares during the period. J.W. Cole Advisors Inc.’s holdings in FS Credit Opportunities were worth $205,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of FSCO. Flagship Harbor Advisors LLC boosted its position in FS Credit Opportunities by 33.8% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 35,641 shares of the company’s stock valued at $193,000 after buying an additional 9,000 shares during the last quarter. Strategic Blueprint LLC boosted its position in FS Credit Opportunities by 5.7% in the 3rd quarter. Strategic Blueprint LLC now owns 150,107 shares of the company’s stock valued at $814,000 after buying an additional 8,151 shares during the last quarter. Capital Asset Advisory Services LLC boosted its position in FS Credit Opportunities by 24.1% in the 3rd quarter. Capital Asset Advisory Services LLC now owns 35,338 shares of the company’s stock valued at $196,000 after buying an additional 6,870 shares during the last quarter. MBM Wealth Consultants LLC bought a new position in FS Credit Opportunities in the 3rd quarter valued at $70,000. Finally, Simplicity Solutions LLC boosted its position in shares of FS Credit Opportunities by 26.1% in the 3rd quarter. Simplicity Solutions LLC now owns 61,399 shares of the company’s stock worth $333,000 after purchasing an additional 12,712 shares during the last quarter. 36.37% of the stock is currently owned by institutional investors.

Insider Transactions at FS Credit Opportunities

In related news, Director Barbara J. Fouss purchased 11,000 shares of FS Credit Opportunities stock in a transaction dated Monday, March 18th. The shares were acquired at an average cost of $5.87 per share, for a total transaction of $64,570.00. Following the transaction, the director now directly owns 21,130 shares of the company’s stock, valued at $124,033.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other FS Credit Opportunities news, Director Keith Bethel bought 6,500 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was purchased at an average cost of $5.80 per share, with a total value 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 transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Barbara J. Fouss bought 11,000 shares of the firm’s stock in a transaction on Monday, March 18th. The stock was acquired at an average cost of $5.87 per share, with a total value of $64,570.00. Following the completion of the purchase, the director now owns 21,130 shares of the company’s stock, valued at approximately $124,033.10. The disclosure for this purchase can be found here. 0.26% of the stock is owned by corporate insiders.

FS Credit Opportunities Stock Performance

NYSE:FSCO 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 stock’s fifty day simple moving average is $5.82 and its 200-day simple moving average is $5.71.

FS Credit Opportunities Announces Dividend

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

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.