FS Credit Opportunities Corp. (NYSE:FSCO) Shares Sold by Marcum Wealth LLC

Marcum Wealth LLC lessened its position in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 14.2% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 49,558 shares of the company’s stock after selling 8,205 shares during the quarter. Marcum Wealth LLC’s holdings in FS Credit Opportunities were worth $294,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FSCO. Inscription Capital LLC lifted its stake in shares of FS Credit Opportunities by 0.8% in the first quarter. Inscription Capital LLC now owns 239,245 shares of the company’s stock worth $1,419,000 after buying an additional 1,955 shares in the last quarter. Endowment Wealth Management Inc. lifted its position in shares of FS Credit Opportunities by 2.8% during the 4th quarter. Endowment Wealth Management Inc. now owns 78,677 shares of the company’s stock worth $446,000 after buying an additional 2,180 shares during the last quarter. Marshall Financial Group LLC lifted its position in shares of FS Credit Opportunities by 33.2% during the 4th quarter. Marshall Financial Group LLC now owns 14,592 shares of the company’s stock worth $83,000 after buying an additional 3,639 shares during the last quarter. Concord Wealth Partners raised its position in FS Credit Opportunities by 2.9% in the 4th quarter. Concord Wealth Partners now owns 160,427 shares of the company’s stock valued at $910,000 after purchasing an additional 4,454 shares during the last quarter. Finally, Mather Group LLC. purchased a new stake in FS Credit Opportunities in the 1st quarter valued at $31,000. Institutional investors and hedge funds own 36.37% of the company’s stock.

Insider Activity at FS Credit Opportunities

In other news, Director Barbara J. Fouss bought 6,000 shares of FS Credit Opportunities stock in a transaction on Tuesday, June 11th. The shares were bought at an average cost of $6.40 per share, for a total transaction of $38,400.00. Following the acquisition, the director now owns 27,130 shares in the company, valued at $173,632. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.26% of the stock is owned by corporate insiders.

FS Credit Opportunities Stock Performance

Shares of FS Credit Opportunities stock opened at $6.40 on Friday. FS Credit Opportunities Corp. has a one year low of $4.59 and a one year high of $6.50. The firm has a fifty day moving average of $6.18 and a two-hundred day moving average of $5.91.

FS Credit Opportunities Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 21st will be paid a dividend of $0.06 per share. The ex-dividend date is Friday, June 21st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 11.25%.

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.