Kingswood Wealth Advisors LLC Sells 1,800 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

Kingswood Wealth Advisors LLC trimmed its position in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 3.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 51,591 shares of the company’s stock after selling 1,800 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in FS Credit Opportunities were worth $306,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Inscription Capital LLC lifted its holdings in shares of FS Credit Opportunities by 0.8% during the first quarter. Inscription Capital LLC now owns 239,245 shares of the company’s stock valued at $1,419,000 after purchasing an additional 1,955 shares during the last quarter. Endowment Wealth Management Inc. lifted its holdings in shares of FS Credit Opportunities by 2.8% during the fourth quarter. Endowment Wealth Management Inc. now owns 78,677 shares of the company’s stock valued at $446,000 after purchasing an additional 2,180 shares during the last quarter. Marshall Financial Group LLC lifted its holdings in shares of FS Credit Opportunities by 33.2% during the fourth quarter. Marshall Financial Group LLC now owns 14,592 shares of the company’s stock valued at $83,000 after purchasing an additional 3,639 shares during the last quarter. Concord Wealth Partners lifted its holdings in shares of FS Credit Opportunities by 2.9% during the fourth quarter. Concord Wealth Partners now owns 160,427 shares of the company’s stock valued at $910,000 after purchasing an additional 4,454 shares during the last quarter. Finally, Mather Group LLC. purchased a new position in shares of FS Credit Opportunities during the first quarter valued at approximately $31,000. 36.37% of the stock is owned by institutional investors.

FS Credit Opportunities Trading Up 0.4 %

FSCO stock opened at $6.39 on Friday. The firm has a 50 day moving average price of $6.23 and a 200-day moving average price of $5.93. FS Credit Opportunities Corp. has a 52-week low of $4.67 and a 52-week high of $6.50.

FS Credit Opportunities Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 21st were issued a $0.06 dividend. The ex-dividend date was Friday, June 21st. This represents a $0.72 dividend on an annualized basis and a yield of 11.28%.

Insider Buying and Selling

In other news, Director Barbara J. Fouss acquired 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 11th. The stock was bought at an average cost of $6.40 per share, for a total transaction of $38,400.00. Following the acquisition, the director now directly owns 27,130 shares in the company, valued at $173,632. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.26% of the stock is owned by company insiders.

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.