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

WealthPLAN Partners LLC decreased its stake in FS Credit Opportunities Corp. (NYSE:FSCO) by 92.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,032 shares of the company’s stock after selling 460,792 shares during the quarter. WealthPLAN Partners LLC’s holdings in FS Credit Opportunities were worth $230,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Mather Group LLC. acquired a new stake in FS Credit Opportunities in the 1st quarter worth about $31,000. ICA Group Wealth Management LLC acquired a new stake in shares of FS Credit Opportunities in the fourth quarter worth approximately $35,000. Gerber LLC purchased a new stake in shares of FS Credit Opportunities during the fourth quarter worth approximately $57,000. Coppell Advisory Solutions Corp. acquired a new position in FS Credit Opportunities in the 1st quarter valued at $65,000. Finally, Global Assets Advisory LLC purchased a new position in FS Credit Opportunities in the 1st quarter valued at $68,000. Hedge funds and other institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Stock Down 0.8 %

FS Credit Opportunities stock opened at $6.32 on Wednesday. The company has a fifty day simple moving average of $6.28 and a 200-day simple moving average of $6.16. FS Credit Opportunities Corp. has a 52-week low of $5.00 and a 52-week high of $6.64.

FS Credit Opportunities Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 23rd will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Monday, September 23rd. This represents a $0.72 annualized dividend and a yield of 11.39%.

Insider Buying and Selling at FS Credit Opportunities

In other news, CEO Michael C. Forman sold 218,961 shares of the business’s stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $6.15, for a total transaction of $1,346,610.15. Following the transaction, the chief executive officer now directly owns 116,297 shares in the company, valued at approximately $715,226.55. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In other FS Credit Opportunities news, CEO Michael C. Forman sold 218,961 shares of the firm’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $6.15, for a total value of $1,346,610.15. Following the completion of the sale, the chief executive officer now directly owns 116,297 shares of the company’s stock, valued at approximately $715,226.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Michael C. Forman sold 102,860 shares of the business’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $6.11, for a total transaction of $628,474.60. Following the transaction, the chief executive officer now directly owns 13,437 shares in the company, valued at approximately $82,100.07. The disclosure for this sale 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.