FS Credit Opportunities Corp. (NYSE:FSCO) Shares Sold by Investmark Advisory Group LLC

Investmark Advisory Group LLC trimmed its holdings in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 3.8% in the third quarter, Holdings Channel reports. The institutional investor owned 107,791 shares of the company’s stock after selling 4,205 shares during the period. Investmark Advisory Group LLC’s holdings in FS Credit Opportunities were worth $684,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Truvestments Capital LLC purchased a new position in shares of FS Credit Opportunities during the 3rd quarter worth about $52,000. Nwam LLC purchased a new stake in shares of FS Credit Opportunities in the 3rd quarter valued at approximately $66,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in shares of FS Credit Opportunities in the 2nd quarter valued at approximately $73,000. SYM FINANCIAL Corp bought a new position in shares of FS Credit Opportunities in the second quarter worth about $76,000. Finally, Compass Ion Advisors LLC bought a new position in shares of FS Credit Opportunities during the 3rd quarter worth about $81,000. Institutional investors and hedge funds own 36.37% of the company’s stock.

Insider Activity

In other FS Credit Opportunities news, CEO Michael C. Forman sold 102,860 shares of the company’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $6.11, for a total value of $628,474.60. Following the completion of the sale, the chief executive officer now owns 13,437 shares in the company, valued at $82,100.07. This represents a 88.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.26% of the stock is owned by company insiders.

FS Credit Opportunities Price Performance

FSCO stock opened at $6.79 on Tuesday. The business’s fifty day moving average is $6.59 and its 200-day moving average is $6.41. FS Credit Opportunities Corp. has a twelve month low of $5.47 and a twelve month high of $6.81.

FS Credit Opportunities Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 21st were paid a dividend of $0.06 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 10.60%. The ex-dividend date was Thursday, November 21st.

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.