WCG Wealth Advisors LLC Buys 21,654 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

WCG Wealth Advisors LLC lifted its holdings in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 14.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 168,018 shares of the company’s stock after purchasing an additional 21,654 shares during the period. WCG Wealth Advisors LLC’s holdings in FS Credit Opportunities were worth $1,070,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of FSCO. Mather Group LLC. acquired a new position in shares of FS Credit Opportunities during the first quarter worth $31,000. ICA Group Wealth Management LLC acquired a new position in shares of FS Credit Opportunities during the fourth quarter worth $35,000. Gerber LLC acquired a new position in shares of FS Credit Opportunities during the fourth quarter worth $57,000. Coppell Advisory Solutions Corp. acquired a new position in shares of FS Credit Opportunities during the first quarter worth $65,000. Finally, Global Assets Advisory LLC acquired a new position in shares of FS Credit Opportunities during the first quarter worth $68,000. Institutional investors and hedge funds own 36.37% of the company’s stock.

Insider Activity at FS Credit Opportunities

In related news, CEO Michael C. Forman sold 218,961 shares of the business’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of $6.15, for a total value of $1,346,610.15. Following the transaction, the chief executive officer now owns 116,297 shares in the company, valued at $715,226.55. The transaction was disclosed in a document filed with the SEC, which is available through this link. In related news, CEO Michael C. Forman sold 218,961 shares of the business’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of $6.15, for a total value of $1,346,610.15. Following the transaction, the chief executive officer now owns 116,297 shares in the company, valued at $715,226.55. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Michael C. Forman sold 102,860 shares of the business’s stock in a transaction on Monday, September 9th. The shares were sold at an average price of $6.11, for a total transaction of $628,474.60. Following the completion of the transaction, the chief executive officer now 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 company insiders.

FS Credit Opportunities Trading Up 1.1 %

Shares of NYSE:FSCO opened at $6.38 on Friday. FS Credit Opportunities Corp. has a 52 week low of $5.00 and a 52 week high of $6.64. The firm’s fifty day moving average is $6.27 and its 200-day moving average is $6.16.

FS Credit Opportunities Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 23rd will be issued a $0.06 dividend. The ex-dividend date is Monday, September 23rd. This represents a $0.72 annualized dividend and a yield of 11.29%.

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.