Mariner LLC Decreases Stock Holdings in Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV)

Mariner LLC reduced its holdings in Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) by 11.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,027 shares of the company’s stock after selling 1,452 shares during the period. Mariner LLC’s holdings in Pioneer Municipal High Income Advantage Fund were worth $93,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. bought a new position in shares of Pioneer Municipal High Income Advantage Fund in the 4th quarter valued at about $532,000. Envestnet Asset Management Inc. raised its position in Pioneer Municipal High Income Advantage Fund by 2.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 125,821 shares of the company’s stock valued at $1,061,000 after purchasing an additional 3,095 shares during the period. Sit Investment Associates Inc. lifted its stake in shares of Pioneer Municipal High Income Advantage Fund by 10.9% in the 4th quarter. Sit Investment Associates Inc. now owns 2,112,515 shares of the company’s stock valued at $17,809,000 after purchasing an additional 208,259 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. boosted its holdings in shares of Pioneer Municipal High Income Advantage Fund by 15.9% in the 4th quarter. Thomas J. Herzfeld Advisors Inc. now owns 34,950 shares of the company’s stock worth $295,000 after purchasing an additional 4,794 shares during the period. Finally, Avantax Advisory Services Inc. increased its position in shares of Pioneer Municipal High Income Advantage Fund by 59.1% during the 4th quarter. Avantax Advisory Services Inc. now owns 54,177 shares of the company’s stock valued at $457,000 after purchasing an additional 20,115 shares during the last quarter.

Pioneer Municipal High Income Advantage Fund Stock Performance

NYSE:MAV opened at $8.19 on Friday. The stock’s fifty day moving average is $8.24 and its 200 day moving average is $8.48. Pioneer Municipal High Income Advantage Fund, Inc. has a fifty-two week low of $7.62 and a fifty-two week high of $9.10.

Pioneer Municipal High Income Advantage Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be paid a $0.0325 dividend. This represents a $0.39 annualized dividend and a dividend yield of 4.76%. The ex-dividend date of this dividend is Friday, May 16th.

Pioneer Municipal High Income Advantage Fund Company Profile

Pioneer Municipal High Income Advantage Fund, Inc is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. The fund benchmarks the performance of its portfolio against the Barclays Capital High Yield Municipal Bond Index and the Barclays Capital Municipal Bond Index.