Gen Wealth Partners Inc trimmed its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO – Free Report) by 13.7% during the fourth quarter, Holdings Channel reports. The firm owned 23,066 shares of the company’s stock after selling 3,666 shares during the period. Gen Wealth Partners Inc’s holdings in FS Credit Opportunities were worth $157,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of the stock. Jane Street Group LLC boosted its stake in 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 in the last quarter. ORG Partners LLC grew its holdings in FS Credit Opportunities by 2,706.2% during the 4th quarter. ORG Partners LLC now owns 40,971 shares of the company’s stock worth $279,000 after acquiring an additional 39,511 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in FS Credit Opportunities by 689.7% in the 4th 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 in the last quarter. PSI Advisors LLC lifted its position in shares of FS Credit Opportunities by 118.5% during the fourth quarter. PSI Advisors LLC now owns 7,646 shares of the company’s stock worth $52,000 after purchasing an additional 4,146 shares in the last quarter. Finally, Park Avenue Securities LLC bought a new stake in shares of FS Credit Opportunities during the fourth quarter valued at approximately $82,000. 36.37% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other FS Credit Opportunities news, Director Keith Bethel purchased 5,000 shares of the stock in a transaction dated Thursday, February 13th. The stock was bought at an average price of $6.96 per share, for a total transaction of $34,800.00. Following the transaction, the director now directly owns 20,000 shares in the company, valued at $139,200. This represents a 33.33 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.26% of the company’s stock.
FS Credit Opportunities Stock Performance
FS Credit Opportunities Announces Dividend
The company also recently declared a monthly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 23rd were paid a dividend of $0.0645 per share. This represents a $0.77 annualized dividend and a dividend yield of 10.90%. The ex-dividend date of this dividend was Wednesday, April 23rd.
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.
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