Concourse Financial Group Securities Inc. Has $602,000 Stake in FS Credit Opportunities Corp. (NYSE:FSCO)

Concourse Financial Group Securities Inc. cut its holdings in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 4.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 101,528 shares of the company’s stock after selling 4,250 shares during the quarter. Concourse Financial Group Securities Inc. owned about 0.05% of FS Credit Opportunities worth $602,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Mather Group LLC. acquired a new position in shares of FS Credit Opportunities in the first quarter valued at $31,000. ICA Group Wealth Management LLC bought a new position in FS Credit Opportunities in the 4th quarter valued at about $35,000. Blue Bell Private Wealth Management LLC lifted its position in FS Credit Opportunities by 51.7% during the first quarter. Blue Bell Private Wealth Management LLC now owns 8,800 shares of the company’s stock worth $52,000 after acquiring an additional 3,000 shares during the last quarter. Gerber LLC bought a new stake in shares of FS Credit Opportunities during the fourth quarter worth approximately $57,000. Finally, Global Assets Advisory LLC bought a new stake in shares of FS Credit Opportunities during the first quarter worth approximately $68,000. Institutional investors own 36.37% of the company’s stock.

Insider Transactions at FS Credit Opportunities

In other FS Credit Opportunities news, Director Barbara J. Fouss purchased 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 11th. The shares were acquired at an average cost of $6.40 per share, for a total transaction of $38,400.00. Following the completion of the purchase, the director now owns 27,130 shares of the company’s stock, valued at approximately $173,632. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.26% of the company’s stock.

FS Credit Opportunities Price Performance

Shares of NYSE FSCO traded up $0.06 during trading hours on Friday, reaching $6.46. 588,875 shares of the stock were exchanged, compared to its average volume of 618,501. The stock’s fifty day simple moving average is $6.29 and its 200 day simple moving average is $5.95. FS Credit Opportunities Corp. has a 52 week low of $4.79 and a 52 week high of $6.50.

FS Credit Opportunities Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Wednesday, July 24th will be given a dividend of $0.06 per share. This represents a $0.72 annualized dividend and a yield of 11.15%. The ex-dividend date of this dividend is Wednesday, July 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.