Souders Financial Advisors Reduces Stock Holdings in FS Credit Opportunities Corp. (NYSE:FSCO)

Souders Financial Advisors lessened its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 74.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 15,617 shares of the company’s stock after selling 45,283 shares during the period. Souders Financial Advisors’ holdings in FS Credit Opportunities were worth $99,000 at the end of the most recent quarter.

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

FS Credit Opportunities Price Performance

Shares of FSCO opened at $6.51 on Thursday. The firm has a fifty day moving average price of $6.50 and a 200-day moving average price of $6.36. FS Credit Opportunities Corp. has a 12-month low of $5.47 and a 12-month high of $6.75.

FS Credit Opportunities Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be paid a $0.06 dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $0.72 dividend on an annualized basis and a yield of 11.06%.

Insider Transactions at FS Credit Opportunities

In other FS Credit Opportunities news, CEO Michael C. Forman sold 102,860 shares of the firm’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 in the company, valued at $82,100.07. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, CEO Michael C. Forman sold 102,860 shares of the company’s stock in a transaction that occurred 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 sale, the chief executive officer now owns 13,437 shares of the company’s stock, 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 is accessible through this link. Also, CEO Michael C. Forman sold 218,961 shares of the stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $6.15, for a total transaction of $1,346,610.15. Following the transaction, the chief executive officer now owns 116,297 shares in the company, valued at approximately $715,226.55. This 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 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.