Aspen Wealth Strategies LLC Lowers Holdings in FS Credit Opportunities Corp. (NYSE:FSCO)

Aspen Wealth Strategies LLC trimmed its holdings in FS Credit Opportunities Corp. (NYSE:FSCO) by 11.4% in the 4th quarter, according to its most recent disclosure with the SEC. The firm 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 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. WealthPLAN Partners LLC lifted its stake in FS Credit Opportunities by 199.9% during the fourth quarter. WealthPLAN Partners LLC now owns 490,703 shares of the company’s stock worth $2,782,000 after purchasing an additional 327,084 shares in the last quarter. Wagner Wealth Management LLC lifted its stake in FS Credit Opportunities by 17.3% during the fourth quarter. Wagner Wealth Management LLC now owns 3,045,132 shares of the company’s stock worth $17,266,000 after purchasing an additional 448,199 shares in the last quarter. LPL Financial LLC lifted its stake in FS Credit Opportunities by 14.1% during the third quarter. LPL Financial LLC now owns 2,520,064 shares of the company’s stock worth $13,659,000 after purchasing an additional 310,763 shares in the last quarter. Avantax Advisory Services Inc. lifted its stake in FS Credit Opportunities by 68.3% during the third quarter. Avantax Advisory Services Inc. now owns 697,695 shares of the company’s stock worth $3,782,000 after purchasing an additional 283,104 shares in the last quarter. Finally, WealthPlan Investment Management LLC lifted its stake in FS Credit Opportunities by 149,216.3% during the third quarter. WealthPlan Investment Management LLC now owns 210,536 shares of the company’s stock worth $1,141,000 after purchasing an additional 210,395 shares in the last quarter. 36.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

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

FS Credit Opportunities Price Performance

NYSE:FSCO remained flat at $5.78 during trading hours on Tuesday. The company’s stock had a trading volume of 388,518 shares, compared to its average volume of 688,939. The stock has a fifty day simple moving average of $5.80 and a 200-day simple moving average of $5.69. FS Credit Opportunities Corp. has a one year low of $4.14 and a one year high of $6.04.

FS Credit Opportunities Announces Dividend

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

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.