Sigma Planning Corp Sells 9,767 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

Sigma Planning Corp reduced its position in shares of FS Credit Opportunities Corp. (NYSE:FSCOFree Report) by 36.8% in the third quarter, Holdings Channel reports. The fund owned 16,768 shares of the company’s stock after selling 9,767 shares during the quarter. Sigma Planning Corp’s holdings in FS Credit Opportunities were worth $91,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FSCO. Thomas J. Herzfeld Advisors Inc. lifted its position in FS Credit Opportunities by 12,435.0% in the second quarter. Thomas J. Herzfeld Advisors Inc. now owns 4,303,255 shares of the company’s stock worth $20,440,000 after buying an additional 4,268,925 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in FS Credit Opportunities by 39.9% during the second quarter. Commonwealth Equity Services LLC now owns 14,531,973 shares of the company’s stock worth $69,027,000 after buying an additional 4,145,758 shares during the period. Wagner Wealth Management LLC boosted its stake in FS Credit Opportunities by 127.1% during the second quarter. Wagner Wealth Management LLC now owns 2,141,992 shares of the company’s stock worth $10,174,000 after buying an additional 1,198,790 shares during the period. Kestra Advisory Services LLC purchased a new position in FS Credit Opportunities during the second quarter worth $4,472,000. Finally, Envestnet Asset Management Inc. boosted its stake in FS Credit Opportunities by 398.1% during the second quarter. Envestnet Asset Management Inc. now owns 1,123,174 shares of the company’s stock worth $5,335,000 after buying an additional 897,704 shares during the period. 29.99% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Philip E. Hughes, Jr. bought 5,000 shares of the stock in a transaction dated Tuesday, November 28th. The stock was purchased at an average cost of $5.65 per share, with a total value of $28,250.00. Following the completion of the purchase, the director now owns 20,788 shares of the company’s stock, valued at $117,452.20. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.26% of the stock is owned by insiders.

FS Credit Opportunities Stock Down 0.5 %

NYSE FSCO opened at $5.78 on Wednesday. The company has a fifty day moving average of $5.72 and a two-hundred day moving average of $5.49. FS Credit Opportunities Corp. has a 52 week low of $4.08 and a 52 week high of $6.00.

FS Credit Opportunities Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 24th were paid a dividend of $0.057 per share. This represents a $0.68 annualized dividend and a yield of 11.83%. The ex-dividend date of this dividend was Tuesday, January 23rd.

About FS Credit Opportunities

(Free Report)

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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Institutional Ownership by Quarter for FS Credit Opportunities (NYSE:FSCO)

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