Denver Wealth Management Inc. Has $230,000 Stock Holdings in FS Credit Opportunities Corp. (NYSE:FSCO)

Denver Wealth Management Inc. boosted its stake in FS Credit Opportunities Corp. (NYSE:FSCO) by 10.5% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 36,209 shares of the company’s stock after buying an additional 3,447 shares during the period. Denver Wealth Management Inc.’s holdings in FS Credit Opportunities were worth $230,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in FSCO. Castleview Partners LLC boosted its stake in FS Credit Opportunities by 1,062.3% in the 3rd quarter. Castleview Partners LLC now owns 71,575 shares of the company’s stock valued at $455,000 after purchasing an additional 65,417 shares during the period. Compass Ion Advisors LLC bought a new stake in FS Credit Opportunities in the 3rd quarter valued at about $81,000. LexAurum Advisors LLC grew its position in FS Credit Opportunities by 21.5% during the third quarter. LexAurum Advisors LLC now owns 21,553 shares of the company’s stock worth $137,000 after buying an additional 3,813 shares in the last quarter. Global Retirement Partners LLC increased its position in shares of FS Credit Opportunities by 25.4% in the third quarter. Global Retirement Partners LLC now owns 146,028 shares of the company’s stock worth $927,000 after purchasing an additional 29,613 shares during the period. Finally, Good Life Advisors LLC increased its stake in FS Credit Opportunities by 78.7% in the third quarter. Good Life Advisors LLC now owns 130,630 shares of the company’s stock valued at $830,000 after acquiring an additional 57,529 shares during the last quarter. Institutional investors and hedge funds own 36.37% of the company’s stock.

FS Credit Opportunities Trading Down 0.3 %

Shares of FS Credit Opportunities stock traded down $0.02 during midday trading on Monday, hitting $6.64. 311,812 shares of the company traded hands, compared to its average volume of 674,769. The firm’s fifty day moving average price is $6.38 and its 200-day moving average price is $6.27. FS Credit Opportunities Corp. has a 12 month low of $5.28 and a 12 month high of $6.75.

FS Credit Opportunities Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 24th will be issued a $0.06 dividend. The ex-dividend date of this dividend is Thursday, October 24th. This represents a $0.72 annualized dividend and a yield of 10.84%.

Insiders Place Their Bets

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

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.