FS Credit Opportunities Corp. (NYSE:FSCO) Shares Bought by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC raised its holdings in FS Credit Opportunities Corp. (NYSE:FSCO) by 9.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 250,869 shares of the company’s stock after purchasing an additional 20,920 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in FS Credit Opportunities were worth $1,488,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Kovack Advisors Inc. raised its holdings in FS Credit Opportunities by 7.3% during the first quarter. Kovack Advisors Inc. now owns 26,500 shares of the company’s stock worth $157,000 after purchasing an additional 1,800 shares in the last quarter. SeaCrest Wealth Management LLC raised its holdings in FS Credit Opportunities by 24.7% during the first quarter. SeaCrest Wealth Management LLC now owns 42,076 shares of the company’s stock worth $250,000 after purchasing an additional 8,326 shares in the last quarter. Steele Capital Management Inc. raised its holdings in FS Credit Opportunities by 25.0% during the first quarter. Steele Capital Management Inc. now owns 25,000 shares of the company’s stock worth $148,000 after purchasing an additional 5,000 shares in the last quarter. Winthrop Advisory Group LLC purchased a new position in FS Credit Opportunities during the first quarter worth about $325,000. Finally, Capital Asset Advisory Services LLC raised its holdings in FS Credit Opportunities by 24.1% during the first quarter. Capital Asset Advisory Services LLC now owns 35,338 shares of the company’s stock worth $208,000 after purchasing an additional 6,870 shares in the last quarter. 36.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at FS Credit Opportunities

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

FS Credit Opportunities Price Performance

NYSE FSCO opened at $6.40 on Friday. FS Credit Opportunities Corp. has a 52-week low of $4.79 and a 52-week high of $6.50. The firm has a 50-day moving average price of $6.27 and a 200 day moving average price of $5.95.

FS Credit Opportunities Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 21st were issued a $0.06 dividend. The ex-dividend date was Friday, June 21st. This represents a $0.72 dividend on an annualized basis and a yield of 11.25%.

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.