Aspen Wealth Strategies LLC Sells 1,805 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

Aspen Wealth Strategies LLC cut its position in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 11.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,056 shares of the company’s stock after selling 1,805 shares during the period. Aspen Wealth Strategies LLC’s holdings in FS Credit Opportunities were worth $80,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sunbelt Securities Inc. raised its position in FS Credit Opportunities by 54.5% during the 2nd quarter. Sunbelt Securities Inc. now owns 5,616 shares of the company’s stock valued at $27,000 after purchasing an additional 1,980 shares in the last quarter. PSI Advisors LLC raised its position in FS Credit Opportunities by 60.3% during the 3rd quarter. PSI Advisors LLC now owns 6,646 shares of the company’s stock valued at $36,000 after purchasing an additional 2,500 shares in the last quarter. Armstrong Fleming & Moore Inc bought a new stake in FS Credit Opportunities during the 2nd quarter valued at $49,000. Blue Bell Private Wealth Management LLC raised its position in FS Credit Opportunities by 241.2% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 9,478 shares of the company’s stock valued at $51,000 after purchasing an additional 6,700 shares in the last quarter. Finally, Coppell Advisory Solutions LLC bought a new stake in FS Credit Opportunities during the 2nd quarter valued at $55,000. 36.37% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Keith Bethel purchased 6,500 shares of the business’s stock in a transaction dated Wednesday, March 13th. The shares were acquired at an average cost of $5.80 per share, for a total transaction of $37,700.00. Following the acquisition, the director now owns 11,500 shares of the company’s stock, valued at approximately $66,700. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other FS Credit Opportunities news, Director Keith Bethel bought 6,500 shares of the company’s stock in a transaction that occurred on Wednesday, March 13th. The shares were purchased at an average cost of $5.80 per share, for a total transaction of $37,700.00. Following the purchase, the director now directly owns 11,500 shares in the company, valued at $66,700. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Barbara J. Fouss bought 11,000 shares of the company’s stock in a transaction that occurred on Monday, March 18th. The shares were acquired at an average price of $5.87 per share, for a total transaction of $64,570.00. Following the completion of the purchase, the director now owns 21,130 shares in the company, valued at $124,033.10. The disclosure for this purchase can be found here. Company insiders own 0.26% of the company’s stock.

FS Credit Opportunities Price Performance

NYSE FSCO remained flat at $5.78 on Tuesday. The company’s stock had a trading volume of 388,518 shares, compared to its average volume of 688,939. FS Credit Opportunities Corp. has a 1-year low of $4.14 and a 1-year high of $6.04. The stock’s 50 day simple moving average is $5.80 and its two-hundred day simple moving average is $5.69.

FS Credit Opportunities Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 23rd will be issued a $0.06 dividend. The ex-dividend date of this dividend is Monday, April 22nd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 12.46%.

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.