Global Retirement Partners LLC Increases Stock Position in FS Credit Opportunities Corp. (NYSE:FSCO)

Global Retirement Partners LLC raised its position in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 25.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 146,028 shares of the company’s stock after buying an additional 29,613 shares during the period. Global Retirement Partners LLC’s holdings in FS Credit Opportunities were worth $927,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in FSCO. SageView Advisory Group LLC boosted its position in FS Credit Opportunities by 46.6% during the 4th quarter. SageView Advisory Group LLC now owns 29,608 shares of the company’s stock valued at $170,000 after buying an additional 9,417 shares during the period. Mather Group LLC. purchased a new stake in FS Credit Opportunities during the 1st quarter valued at $31,000. Global Assets Advisory LLC purchased a new stake in FS Credit Opportunities during the 1st quarter valued at $68,000. Ellis Investment Partners LLC raised its holdings in FS Credit Opportunities by 4.2% in the 1st quarter. Ellis Investment Partners LLC now owns 797,626 shares of the company’s stock worth $4,730,000 after purchasing an additional 31,919 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC raised its holdings in FS Credit Opportunities by 12.5% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 121,157 shares of the company’s stock worth $718,000 after purchasing an additional 13,488 shares in the last quarter. Hedge funds and other institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Stock Performance

Shares of NYSE FSCO opened at $6.66 on Friday. FS Credit Opportunities Corp. has a 12 month low of $5.28 and a 12 month high of $6.75. The firm has a fifty day simple moving average of $6.38 and a two-hundred day simple moving average of $6.27.

FS Credit Opportunities Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Thursday, October 24th will be issued a $0.06 dividend. The ex-dividend date is Thursday, October 24th. This represents a $0.72 annualized dividend and a yield of 10.81%.

Insiders Place Their Bets

In other FS Credit Opportunities news, CEO Michael C. Forman sold 102,860 shares of the company’s stock in a transaction on Monday, September 9th. The shares were sold at an average price of $6.11, for a total value of $628,474.60. Following the completion of the transaction, the chief executive officer now directly owns 13,437 shares in the company, valued at approximately $82,100.07. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CEO Michael C. Forman sold 218,961 shares of the stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $6.15, for a total value of $1,346,610.15. Following the completion of the transaction, the chief executive officer now directly owns 116,297 shares in the company, valued at $715,226.55. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Michael C. Forman sold 102,860 shares of the stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $6.11, for a total transaction of $628,474.60. Following the completion of the transaction, the chief executive officer now owns 13,437 shares of the company’s stock, valued at approximately $82,100.07. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.26% of the company’s stock.

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.