53,391 Shares in FS Credit Opportunities Corp. (NYSE:FSCO) Purchased by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC purchased a new position in FS Credit Opportunities Corp. (NYSE:FSCO) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 53,391 shares of the company’s stock, valued at approximately $303,000.

Other institutional investors also recently bought and sold shares of the company. Saba Capital Management L.P. increased its stake in shares of FS Credit Opportunities by 11.8% during the third quarter. Saba Capital Management L.P. now owns 7,907,125 shares of the company’s stock valued at $42,857,000 after purchasing an additional 837,166 shares in the last quarter. Thomas J. Herzfeld Advisors Inc. increased its stake in shares of FS Credit Opportunities by 13.0% during the third quarter. Thomas J. Herzfeld Advisors Inc. now owns 4,862,124 shares of the company’s stock valued at $26,353,000 after purchasing an additional 558,869 shares in the last quarter. Wagner Wealth Management LLC increased its stake in shares of FS Credit Opportunities by 21.2% during the third quarter. Wagner Wealth Management LLC now owns 2,596,933 shares of the company’s stock valued at $14,075,000 after purchasing an additional 454,941 shares in the last quarter. LPL Financial LLC increased its stake in shares of FS Credit Opportunities by 14.1% during the third quarter. LPL Financial LLC now owns 2,520,064 shares of the company’s stock valued at $13,659,000 after purchasing an additional 310,763 shares in the last quarter. Finally, Penserra Capital Management LLC increased its stake in shares of FS Credit Opportunities by 2.4% during the third quarter. Penserra Capital Management LLC now owns 1,901,063 shares of the company’s stock valued at $10,303,000 after purchasing an additional 44,675 shares in the last quarter. 29.99% of the stock is owned by institutional investors.

Insider Activity at FS Credit Opportunities

In other news, Director Barbara J. Fouss purchased 11,000 shares of FS Credit Opportunities stock in a transaction that occurred on Monday, March 18th. The stock was bought at an average price of $5.87 per share, with a total value of $64,570.00. Following the completion of the transaction, the director now directly owns 21,130 shares of the company’s stock, valued at $124,033.10. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other FS Credit Opportunities news, Director Barbara J. Fouss purchased 11,000 shares of the company’s stock in a transaction dated Monday, March 18th. The shares were acquired at an average price of $5.87 per share, for a total transaction of $64,570.00. Following the purchase, the director now directly owns 21,130 shares of the company’s stock, valued at approximately $124,033.10. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Keith Bethel purchased 6,500 shares of the company’s stock in a transaction dated Wednesday, March 13th. The shares were acquired at an average price of $5.80 per share, for a total transaction of $37,700.00. Following the purchase, the director now directly owns 11,500 shares in the company, valued at $66,700. The disclosure for this purchase can be found here. 0.26% of the stock is owned by insiders.

FS Credit Opportunities Stock Up 1.7 %

Shares of NYSE FSCO opened at $5.93 on Friday. FS Credit Opportunities Corp. has a fifty-two week low of $4.12 and a fifty-two week high of $6.00. The company has a 50 day simple moving average of $5.78 and a two-hundred day simple moving average of $5.63.

FS Credit Opportunities Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 21st were paid a dividend of $0.06 per share. This is an increase from FS Credit Opportunities’s previous monthly dividend of $0.06. The ex-dividend date was Wednesday, March 20th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 12.14%.

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.