Van ECK Associates Corp Increases Position in Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO)

Posted by Editorial Team on Feb 22nd, 2025

Van ECK Associates Corp raised its holdings in shares of Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO – Free Report) by 1.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 121,916 shares of the company’s stock after acquiring an additional 2,279 shares during the period. Van ECK Associates Corp’s holdings in Pioneer Municipal High Income Opportunities Fund were worth $1,446,000 at the end of the most recent quarter.

Separately, Catalina Capital Group LLC purchased a new stake in Pioneer Municipal High Income Opportunities Fund during the fourth quarter valued at about $219,000.

Pioneer Municipal High Income Opportunities Fund Stock Performance

NYSE MIO opened at $12.09 on Friday. The company has a 50-day simple moving average of $12.00 and a two-hundred day simple moving average of $12.15. Pioneer Municipal High Income Opportunities Fund, Inc. has a 12-month low of $10.90 and a 12-month high of $12.62.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be given a dividend of $0.05 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 4.96%.

Insider Buying and Selling at Pioneer Municipal High Income Opportunities Fund

In other news, major shareholder Saba Capital Management, L.P. acquired 3,881 shares of the stock in a transaction dated Wednesday, November 27th. The stock was purchased at an average cost of $12.19 per share, with a total value of $47,309.39. Following the completion of the purchase, the insider now owns 1,917,446 shares in the company, valued at approximately $23,373,666.74. The trade was a 0.20 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders acquired a total of 151,371 shares of company stock worth $1,811,206 over the last three months.