McGlone Suttner Wealth Management Inc. Purchases Shares of 13,449 FS Credit Opportunities Corp. (NYSE:FSCO)

McGlone Suttner Wealth Management Inc. purchased a new stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 13,449 shares of the company’s stock, valued at approximately $86,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Capital CS Group LLC bought a new stake in FS Credit Opportunities during the 2nd quarter valued at $85,000. Simplicity Wealth LLC grew its stake in shares of FS Credit Opportunities by 8.7% in the 2nd quarter. Simplicity Wealth LLC now owns 55,095 shares of the company’s stock worth $351,000 after acquiring an additional 4,393 shares in the last quarter. Marcum Wealth LLC grew its stake in shares of FS Credit Opportunities by 9.2% in the 2nd quarter. Marcum Wealth LLC now owns 54,106 shares of the company’s stock worth $345,000 after acquiring an additional 4,548 shares in the last quarter. Cetera Advisors LLC grew its stake in shares of FS Credit Opportunities by 2.3% in the 1st quarter. Cetera Advisors LLC now owns 1,294,009 shares of the company’s stock worth $7,673,000 after acquiring an additional 28,563 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of FS Credit Opportunities by 2,693.8% in the 1st quarter. Cetera Investment Advisers now owns 3,050,684 shares of the company’s stock worth $18,091,000 after acquiring an additional 2,941,488 shares in the last quarter. Institutional investors own 36.37% of the company’s stock.

Insider Buying and Selling

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

FS Credit Opportunities Stock Performance

Shares of NYSE FSCO traded down $0.02 during trading on Friday, hitting $6.23. The stock had a trading volume of 457,504 shares, compared to its average volume of 674,035. FS Credit Opportunities Corp. has a 12 month low of $5.00 and a 12 month high of $6.64. The firm has a fifty day moving average of $6.34 and a two-hundred day moving average of $6.08.

FS Credit Opportunities Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, August 30th. Investors of record on Friday, August 23rd will be issued a $0.06 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 11.56%. The ex-dividend date is Friday, August 23rd.

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.