Legacy Capital Wealth Partners LLC Sells 40,599 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

Legacy Capital Wealth Partners LLC cut its stake in FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 58.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,800 shares of the company's stock after selling 40,599 shares during the period. Legacy Capital Wealth Partners LLC's holdings in FS Credit Opportunities were worth $196,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Ellis Investment Partners LLC boosted its holdings in FS Credit Opportunities by 1.7% during the fourth quarter. Ellis Investment Partners LLC now owns 812,628 shares of the company's stock worth $5,542,000 after buying an additional 13,624 shares in the last quarter. Vista Finance LLC boosted its holdings in FS Credit Opportunities by 2.0% during the fourth quarter. Vista Finance LLC now owns 1,711,019 shares of the company's stock worth $11,669,000 after buying an additional 34,190 shares in the last quarter. AlphaStar Capital Management LLC boosted its holdings in FS Credit Opportunities by 7.8% during the fourth quarter. AlphaStar Capital Management LLC now owns 92,301 shares of the company's stock worth $629,000 after buying an additional 6,658 shares in the last quarter. Apollon Wealth Management LLC boosted its holdings in FS Credit Opportunities by 781.3% during the fourth 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. Finally, Golden State Wealth Management LLC bought a new stake in FS Credit Opportunities during the fourth quarter worth approximately $262,000. 36.37% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Keith Bethel bought 5,000 shares of the business's stock in a transaction on Thursday, February 13th. The stock was bought at an average price of $6.96 per share, for a total transaction of $34,800.00. Following the transaction, the director now directly owns 20,000 shares in the company, valued at $139,200. This represents a 33.33 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.26% of the company's stock.

FS Credit Opportunities Trading Up 0.1 %

FS Credit Opportunities stock traded up $0.01 during midday trading on Friday, reaching $6.97. The stock had a trading volume of 641,610 shares, compared to its average volume of 871,453. The firm's fifty day simple moving average is $6.86 and its two-hundred day simple moving average is $6.60. FS Credit Opportunities Corp. has a twelve month low of $5.61 and a twelve month high of $7.12.

FS Credit Opportunities Dividend Announcement

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

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.