Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Acquires $150,908.00 in Stock

Posted by Editorial Team on Nov 24th, 2024

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 12,400 shares of the business’s stock in a transaction on Tuesday, November 19th. The stock was acquired at an average cost of $12.17 per share, for a total transaction of $150,908.00. Following the transaction, the insider now owns 1,887,834 shares of the company’s stock, valued at approximately $22,974,939.78. The trade was a 0.66 % increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

On Thursday, November 14th, Saba Capital Management, L.P. acquired 8,561 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average cost of $12.21 per share, for a total transaction of $104,529.81.
On Monday, November 11th, Saba Capital Management, L.P. acquired 1,660 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average cost of $12.14 per share, for a total transaction of $20,152.40.
On Monday, November 4th, Saba Capital Management, L.P. acquired 5,253 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average cost of $12.14 per share, for a total transaction of $63,771.42.
On Thursday, October 31st, Saba Capital Management, L.P. acquired 2,461 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average cost of $12.08 per share, for a total transaction of $29,728.88.
On Tuesday, October 29th, Saba Capital Management, L.P. purchased 10,567 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average cost of $12.01 per share, for a total transaction of $126,909.67.
On Wednesday, August 28th, Saba Capital Management, L.P. acquired 1,500 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average price of $12.09 per share, for a total transaction of $18,135.00.
On Friday, August 23rd, Saba Capital Management, L.P. acquired 5,700 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average cost of $12.15 per share, for a total transaction of $69,255.00.

Pioneer Municipal High Income Opportunities Fund Stock Up 0.1 %

NYSE:MIO opened at $12.05 on Friday. The business’s 50-day moving average price is $12.23 and its two-hundred day moving average price is $11.94. Pioneer Municipal High Income Opportunities Fund, Inc. has a twelve month low of $9.99 and a twelve month high of $12.62.

Pioneer Municipal High Income Opportunities Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.60 annualized dividend and a dividend yield of 4.98%.

Hedge Funds Weigh In On Pioneer Municipal High Income Opportunities Fund

Large investors have recently modified their holdings of the company. WMG Financial Advisors LLC purchased a new position in shares of Pioneer Municipal High Income Opportunities Fund during the 2nd quarter valued at about $117,000. Prudent Investors Network Inc. purchased a new position in shares of Pioneer Municipal High Income Opportunities Fund during the 1st quarter valued at about $117,000. Blue Bell Private Wealth Management LLC raised its holdings in shares of Pioneer Municipal High Income Opportunities Fund by 82.9% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 24,065 shares of the company’s stock valued at $280,000 after buying an additional 10,906 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Pioneer Municipal High Income Opportunities Fund during the 2nd quarter valued at about $388,000. Finally, Whitebox Advisors LLC purchased a new position in shares of Pioneer Municipal High Income Opportunities Fund during the 1st quarter valued at about $504,000.