WR Wealth Planners LLC Acquires 1,955 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

WR Wealth Planners LLC boosted its position in FS Credit Opportunities Corp. (NYSE:FSCO) by 14.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,740 shares of the company’s stock after purchasing an additional 1,955 shares during the quarter. WR Wealth Planners LLC’s holdings in FS Credit Opportunities were worth $100,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. raised its holdings in FS Credit Opportunities by 3.3% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 5,348,705 shares of the company’s stock worth $30,327,000 after purchasing an additional 172,413 shares in the last quarter. Nomura Holdings Inc. raised its holdings in FS Credit Opportunities by 1,134.0% in the fourth quarter. Nomura Holdings Inc. now owns 6,755,907 shares of the company’s stock worth $38,306,000 after purchasing an additional 6,208,428 shares in the last quarter. Choreo LLC bought a new position in FS Credit Opportunities in the first quarter worth $2,290,000. Avantax Advisory Services Inc. raised its holdings in FS Credit Opportunities by 147.8% in the fourth quarter. Avantax Advisory Services Inc. now owns 1,728,576 shares of the company’s stock worth $9,801,000 after purchasing an additional 1,030,881 shares in the last quarter. Finally, Quadrature Capital Ltd raised its holdings in FS Credit Opportunities by 500.0% in the fourth quarter. Quadrature Capital Ltd now owns 204,487 shares of the company’s stock worth $1,156,000 after purchasing an additional 170,405 shares in the last quarter. Institutional investors own 36.37% of the company’s stock.

Insider Transactions at FS Credit Opportunities

In related news, Director Barbara J. Fouss bought 6,000 shares of the business’s stock in a transaction dated Tuesday, June 11th. The shares were purchased at an average cost of $6.40 per share, with a total value of $38,400.00. Following the completion of the purchase, the director now owns 27,130 shares in the company, valued at approximately $173,632. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.26% of the company’s stock.

FS Credit Opportunities Trading Down 0.2 %

Shares of NYSE FSCO traded down $0.01 during trading on Friday, reaching $6.29. The company had a trading volume of 528,019 shares, compared to its average volume of 673,494. FS Credit Opportunities Corp. has a 12-month low of $5.00 and a 12-month high of $6.64. The business’s 50-day moving average is $6.31 and its 200 day moving average is $6.11.

FS Credit Opportunities Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 30th. Stockholders of record on Friday, August 23rd were paid a $0.06 dividend. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 11.45%.

FS Credit Opportunities Company 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.