Nwam LLC Acquires Shares of 10,342 FS Credit Opportunities Corp. (NYSE:FSCO)

Nwam LLC bought a new position in shares of FS Credit Opportunities Corp. (NYSE:FSCO) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 10,342 shares of the company’s stock, valued at approximately $66,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Venture Visionary Partners LLC lifted its stake in FS Credit Opportunities by 10.1% in the third quarter. Venture Visionary Partners LLC now owns 17,358 shares of the company’s stock worth $110,000 after acquiring an additional 1,587 shares during the period. Cornerstone Wealth Management LLC lifted its position in shares of FS Credit Opportunities by 0.7% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 247,720 shares of the company’s stock worth $1,573,000 after purchasing an additional 1,687 shares during the period. WR Wealth Planners LLC boosted its stake in shares of FS Credit Opportunities by 14.2% during the second quarter. WR Wealth Planners LLC now owns 15,740 shares of the company’s stock valued at $100,000 after purchasing an additional 1,955 shares in the last quarter. McAdam LLC increased its holdings in FS Credit Opportunities by 4.4% during the third quarter. McAdam LLC now owns 63,209 shares of the company’s stock valued at $401,000 after buying an additional 2,645 shares during the period. Finally, Levy Wealth Management Group LLC raised its stake in FS Credit Opportunities by 3.0% in the second quarter. Levy Wealth Management Group LLC now owns 92,036 shares of the company’s stock worth $586,000 after buying an additional 2,688 shares in the last quarter. Institutional investors own 36.37% of the company’s stock.

Insider Buying and Selling

In other news, CEO Michael C. Forman sold 102,860 shares of the company’s stock in a transaction on Monday, September 9th. The stock was sold at an average price of $6.11, for a total transaction of $628,474.60. Following the transaction, the chief executive officer now directly owns 13,437 shares of the company’s stock, valued at approximately $82,100.07. This represents a 88.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.26% of the stock is currently owned by company insiders.

FS Credit Opportunities Stock Up 1.5 %

Shares of NYSE FSCO opened at $6.64 on Wednesday. FS Credit Opportunities Corp. has a 12-month low of $5.47 and a 12-month high of $6.75. The stock’s fifty day simple moving average is $6.55 and its two-hundred day simple moving average is $6.39.

FS Credit Opportunities Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 21st will be given a $0.06 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 10.84%. The ex-dividend date is Thursday, November 21st.

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.