WR Wealth Planners LLC Sells 7,436 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

WR Wealth Planners LLC decreased its position in FS Credit Opportunities Corp. (NYSE:FSCO) by 47.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,304 shares of the company’s stock after selling 7,436 shares during the period. WR Wealth Planners LLC’s holdings in FS Credit Opportunities were worth $57,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Geneos Wealth Management Inc. acquired a new stake in shares of FS Credit Opportunities during the fourth quarter worth about $2,252,000. Apollon Wealth Management LLC raised its position in shares of FS Credit Opportunities by 781.3% during the fourth quarter. Apollon Wealth Management LLC now owns 224,553 shares of the company’s stock worth $1,531,000 after purchasing an additional 199,072 shares during the period. Grimes & Company Inc. acquired a new stake in shares of FS Credit Opportunities during the fourth quarter worth about $970,000. Advisors Asset Management Inc. raised its position in shares of FS Credit Opportunities by 159.2% during the third quarter. Advisors Asset Management Inc. now owns 208,106 shares of the company’s stock worth $1,321,000 after purchasing an additional 127,815 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of FS Credit Opportunities by 689.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 106,900 shares of the company’s stock worth $679,000 after purchasing an additional 93,363 shares during the period. Institutional investors own 36.37% of the company’s stock.

Insider Activity at FS Credit Opportunities

In other news, Director Keith Bethel bought 5,000 shares of the company’s stock in a transaction that occurred on Thursday, February 13th. The shares were acquired at an average price of $6.96 per share, with a total value of $34,800.00. Following the transaction, the director now owns 20,000 shares in the company, valued at $139,200. This represents a 33.33 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.26% of the stock is owned by insiders.

FS Credit Opportunities Stock Up 1.1 %

NYSE FSCO opened at $7.02 on Friday. The stock’s 50-day moving average is $6.89 and its 200-day moving average is $6.64. FS Credit Opportunities Corp. has a one year low of $5.63 and a one year high of $7.12.

FS Credit Opportunities Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were given a $0.0645 dividend. This represents a $0.77 dividend on an annualized basis and a yield of 11.03%. The ex-dividend date of this dividend was Friday, February 21st.

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.