Good Life Advisors LLC Sells 66,931 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

Good Life Advisors LLC lessened its position in shares of FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 51.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,699 shares of the company's stock after selling 66,931 shares during the period. Good Life Advisors LLC's holdings in FS Credit Opportunities were worth $434,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Geneos Wealth Management Inc. acquired a new position in FS Credit Opportunities during the fourth quarter worth $2,252,000. Apollon Wealth Management LLC lifted its position in 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 buying an additional 199,072 shares in the last quarter. Grimes & Company Inc. acquired a new position in shares of FS Credit Opportunities during the 4th quarter worth about $970,000. Advisors Asset Management Inc. grew its holdings 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 valued at $1,321,000 after acquiring an additional 127,815 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased 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 acquiring an additional 93,363 shares during the last quarter. Institutional investors and hedge funds own 36.37% of the company's stock.

FS Credit Opportunities Stock Performance

FSCO traded up $0.01 on Friday, hitting $6.97. 641,610 shares of the company were exchanged, compared to its average volume of 871,453. The stock's fifty day moving average is $6.86 and its 200-day moving average is $6.60. FS Credit Opportunities Corp. has a 12 month low of $5.61 and a 12 month high of $7.12.

FS Credit Opportunities Dividend Announcement

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

Insider Activity

In other FS Credit Opportunities news, Director Keith Bethel purchased 5,000 shares of the company's stock in a transaction that occurred on Thursday, February 13th. The shares were acquired at an average price of $6.96 per share, for a total transaction of $34,800.00. Following the purchase, the director now owns 20,000 shares in the company, valued at approximately $139,200. The trade was a 33.33 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 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.