BOS Asset Management LLC Sells 12,705 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

BOS Asset Management LLC trimmed its stake in FS Credit Opportunities Corp. (NYSE:FSCO) by 27.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 33,537 shares of the company’s stock after selling 12,705 shares during the quarter. BOS Asset Management LLC’s holdings in FS Credit Opportunities were worth $214,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of FSCO. Mather Group LLC. purchased a new position in shares of FS Credit Opportunities in the 1st quarter worth about $31,000. ICA Group Wealth Management LLC bought a new stake in FS Credit Opportunities during the 4th quarter valued at about $35,000. Blue Bell Private Wealth Management LLC raised its holdings in FS Credit Opportunities by 51.7% in the first quarter. Blue Bell Private Wealth Management LLC now owns 8,800 shares of the company’s stock worth $52,000 after buying an additional 3,000 shares during the last quarter. Gerber LLC bought a new position in shares of FS Credit Opportunities in the fourth quarter worth approximately $57,000. Finally, Coppell Advisory Solutions Corp. purchased a new stake in shares of FS Credit Opportunities during the first quarter valued at approximately $65,000. 36.37% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other FS Credit Opportunities news, Director Barbara J. Fouss acquired 6,000 shares of FS Credit Opportunities 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 owns 27,130 shares of the company’s stock, valued at $173,632. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.26% of the company’s stock.

FS Credit Opportunities Stock Performance

Shares of NYSE FSCO opened at $6.29 on Friday. FS Credit Opportunities Corp. has a twelve month low of $5.00 and a twelve month high of $6.64. The company has a 50 day moving average of $6.31 and a 200 day moving average of $6.11.

FS Credit Opportunities Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, August 30th. Stockholders of record on Friday, August 23rd were paid a $0.06 dividend. This represents a $0.72 annualized dividend and a dividend yield of 11.45%. The ex-dividend date of this dividend was Friday, August 23rd.

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.