FS Credit Opportunities Corp. (NYSE:FSCO) Stock Holdings Lessened by Acorn Financial Advisory Services Inc. ADV

Acorn Financial Advisory Services Inc. ADV reduced its holdings in FS Credit Opportunities Corp. (NYSE:FSCO) by 3.9% during the second quarter, HoldingsChannel reports. The institutional investor owned 66,969 shares of the company’s stock after selling 2,709 shares during the period. Acorn Financial Advisory Services Inc. ADV’s holdings in FS Credit Opportunities were worth $427,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of FSCO. Mather Group LLC. bought a new stake in FS Credit Opportunities in the 1st quarter valued at about $31,000. ICA Group Wealth Management LLC bought a new stake in FS Credit Opportunities in the 4th quarter valued at about $35,000. Blue Bell Private Wealth Management LLC lifted its position in FS Credit Opportunities by 51.7% in the 1st quarter. Blue Bell Private Wealth Management LLC now owns 8,800 shares of the company’s stock valued at $52,000 after purchasing an additional 3,000 shares during the last quarter. Gerber LLC bought a new stake in FS Credit Opportunities in the 4th quarter valued at about $57,000. Finally, Coppell Advisory Solutions Corp. bought a new stake in FS Credit Opportunities in the 1st quarter valued at about $65,000. 36.37% of the stock is currently owned by institutional investors.

FS Credit Opportunities Trading Down 0.2 %

Shares of NYSE:FSCO opened at $6.29 on Tuesday. The company’s 50-day moving average price is $6.31 and its 200 day moving average price is $6.11. FS Credit Opportunities Corp. has a fifty-two week low of $5.00 and a fifty-two week high of $6.64.

FS Credit Opportunities Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, August 30th. Shareholders of record on Friday, August 23rd were given a dividend of $0.06 per share. The ex-dividend date was Friday, August 23rd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 11.45%.

Insiders Place Their Bets

In related news, Director Barbara J. Fouss purchased 6,000 shares of the company’s stock in a transaction on Tuesday, June 11th. The shares were bought at an average cost of $6.40 per share, for a total transaction of $38,400.00. Following the transaction, the director now owns 27,130 shares of the company’s stock, valued at $173,632. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.26% of the stock is owned by insiders.

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.