FS Credit Opportunities Corp. (NYSE:FSCO) Shares Sold by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lowered its position in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 42.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,134 shares of the company’s stock after selling 9,842 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in FS Credit Opportunities were worth $90,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FSCO. Geneos Wealth Management Inc. purchased a new position in FS Credit Opportunities in the 4th quarter valued at $2,252,000. Apollon Wealth Management LLC grew its stake in shares of FS Credit Opportunities by 781.3% during the 4th quarter. Apollon Wealth Management LLC now owns 224,553 shares of the company’s stock worth $1,531,000 after purchasing an additional 199,072 shares during the period. Grimes & Company Inc. acquired a new stake in shares of FS Credit Opportunities in the 4th quarter worth approximately $970,000. Advisors Asset Management Inc. boosted its position in shares of FS Credit Opportunities by 159.2% in the 3rd quarter. Advisors Asset Management Inc. now owns 208,106 shares of the company’s stock worth $1,321,000 after buying an additional 127,815 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of FS Credit Opportunities by 689.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 106,900 shares of the company’s stock valued at $679,000 after purchasing an additional 93,363 shares during the last quarter. Hedge funds and other institutional investors own 36.37% of the company’s stock.

Insider Transactions at FS Credit Opportunities

In other FS Credit Opportunities news, Director Keith Bethel purchased 5,000 shares of FS Credit Opportunities stock in a transaction dated Thursday, February 13th. The shares were bought at an average cost of $6.96 per share, for a total transaction of $34,800.00. Following the transaction, the director now owns 20,000 shares in the company, valued at $139,200. This represents a 33.33 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.26% of the company’s stock.

FS Credit Opportunities Stock Up 0.1 %

FSCO opened at $6.97 on Friday. The business’s fifty day simple moving average is $6.86 and its 200 day simple moving average is $6.60. FS Credit Opportunities Corp. has a 52 week low of $5.61 and a 52 week high of $7.12.

FS Credit Opportunities Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be issued a dividend of $0.0645 per share. The ex-dividend date is Friday, February 21st. This represents a $0.77 annualized dividend and a dividend yield of 11.11%.

About FS Credit Opportunities

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.