174,831 Shares in FS Credit Opportunities Corp. (NYSE:FSCO) Bought by Modern Wealth Management LLC

Modern Wealth Management LLC bought a new position in FS Credit Opportunities Corp. (NYSE:FSCO) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 174,831 shares of the company’s stock, valued at approximately $1,220,000. Modern Wealth Management LLC owned 0.05% of FS Credit Opportunities at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FSCO. Jane Street Group LLC increased its stake in shares of FS Credit Opportunities by 71.1% in the third quarter. Jane Street Group LLC now owns 24,309 shares of the company’s stock worth $154,000 after purchasing an additional 10,103 shares during the period. Park Avenue Securities LLC bought a new position in FS Credit Opportunities in the 4th quarter worth approximately $82,000. PFG Investments LLC lifted its holdings in shares of FS Credit Opportunities by 92.0% during the fourth quarter. PFG Investments LLC now owns 163,974 shares of the company’s stock worth $1,118,000 after buying an additional 78,570 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of FS Credit Opportunities by 689.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 106,900 shares of the company’s stock valued at $679,000 after acquiring an additional 93,363 shares during the period. Finally, Sanctuary Advisors LLC grew its stake in shares of FS Credit Opportunities by 87.4% in the fourth quarter. Sanctuary Advisors LLC now owns 154,687 shares of the company’s stock worth $1,063,000 after acquiring an additional 72,144 shares during the last quarter. Institutional investors and hedge funds own 36.37% of the company’s stock.

Insider Activity at FS Credit Opportunities

In other news, Director Keith Bethel bought 5,000 shares of the business’s stock in a transaction that occurred on Thursday, February 13th. The stock was acquired at an average cost of $6.96 per share, for a total transaction of $34,800.00. Following the completion of the purchase, the director now owns 20,000 shares of the company’s stock, valued at $139,200. This trade represents a 33.33 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.26% of the stock is owned by corporate insiders.

FS Credit Opportunities Trading Down 0.9 %

NYSE:FSCO opened at $6.98 on Thursday. FS Credit Opportunities Corp. has a one year low of $5.66 and a one year high of $7.16. The company has a fifty day moving average price of $6.96 and a 200 day moving average price of $6.73.

FS Credit Opportunities Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 24th will be given a dividend of $0.0645 per share. This represents a $0.77 dividend on an annualized basis and a dividend yield of 11.10%. The ex-dividend date is Monday, March 24th.

FS Credit Opportunities Company 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.