Good Life Advisors LLC Sells 14,347 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

Good Life Advisors LLC lessened its stake in FS Credit Opportunities Corp. (NYSE:FSCO) by 14.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 82,844 shares of the company’s stock after selling 14,347 shares during the quarter. Good Life Advisors LLC’s holdings in FS Credit Opportunities were worth $470,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of FSCO. Sunbelt Securities Inc. lifted its holdings in shares of FS Credit Opportunities by 54.5% in the second quarter. Sunbelt Securities Inc. now owns 5,616 shares of the company’s stock valued at $27,000 after purchasing an additional 1,980 shares in the last quarter. PSI Advisors LLC lifted its holdings in shares of FS Credit Opportunities by 60.3% in the third quarter. PSI Advisors LLC now owns 6,646 shares of the company’s stock valued at $36,000 after purchasing an additional 2,500 shares in the last quarter. Armstrong Fleming & Moore Inc bought a new stake in FS Credit Opportunities during the second quarter worth $49,000. Blue Bell Private Wealth Management LLC lifted its holdings in FS Credit Opportunities by 241.2% during the third quarter. Blue Bell Private Wealth Management LLC now owns 9,478 shares of the company’s stock worth $51,000 after acquiring an additional 6,700 shares during the period. Finally, Coppell Advisory Solutions LLC bought a new stake in FS Credit Opportunities during the second quarter worth $55,000. Institutional investors own 29.99% of the company’s stock.

Insiders Place Their Bets

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

FS Credit Opportunities Trading Up 1.7 %

Shares of FS Credit Opportunities stock opened at $5.93 on Friday. The business’s fifty day simple moving average is $5.78 and its 200 day simple moving average is $5.63. FS Credit Opportunities Corp. has a 12 month low of $4.12 and a 12 month high of $6.00.

FS Credit Opportunities Increases Dividend

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

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.