Good Life Advisors LLC Trims Position in FS Credit Opportunities Corp. (NYSE:FSCO)

Good Life Advisors LLC decreased its position in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 51.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 63,699 shares of the company’s stock after selling 66,931 shares during the quarter. Good Life Advisors LLC’s holdings in FS Credit Opportunities were worth $434,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Venture Visionary Partners LLC lifted its holdings in FS Credit Opportunities by 10.1% in the third quarter. Venture Visionary Partners LLC now owns 17,358 shares of the company’s stock valued at $110,000 after acquiring an additional 1,587 shares during the last quarter. Private Advisor Group LLC lifted its stake in shares of FS Credit Opportunities by 1.4% in the 3rd quarter. Private Advisor Group LLC now owns 781,108 shares of the company’s stock valued at $4,960,000 after purchasing an additional 10,853 shares during the last quarter. McAdam LLC grew its holdings in shares of FS Credit Opportunities by 4.4% during the 3rd quarter. McAdam LLC now owns 63,209 shares of the company’s stock worth $401,000 after purchasing an additional 2,645 shares during the period. Global Assets Advisory LLC purchased a new position in shares of FS Credit Opportunities during the 3rd quarter worth $95,000. Finally, Consolidated Portfolio Review Corp increased its position in shares of FS Credit Opportunities by 255.2% during the 3rd quarter. Consolidated Portfolio Review Corp now owns 100,082 shares of the company’s stock worth $636,000 after purchasing an additional 71,909 shares during the last quarter. Hedge funds and other institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Stock Up 0.1 %

NYSE FSCO opened at $6.96 on Friday. The firm’s 50-day moving average is $6.86 and its two-hundred day moving average is $6.60. FS Credit Opportunities Corp. has a 12 month low of $5.61 and a 12 month high of $7.12.

FS Credit Opportunities Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be issued a $0.0645 dividend. The ex-dividend date is Friday, February 21st. This represents a $0.77 annualized dividend and a dividend yield of 11.13%.

Insider Buying and Selling

In other news, Director Keith Bethel bought 5,000 shares of the stock in a transaction that occurred on Thursday, February 13th. The stock was bought at an average cost of $6.96 per share, for a total transaction of $34,800.00. Following the acquisition, the director now directly owns 20,000 shares of the company’s stock, valued at $139,200. The trade was a 33.33 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. 0.26% of the stock is currently owned by corporate insiders.

About FS Credit Opportunities

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.