Sanctuary Advisors LLC Has $188,000 Stake in Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV)

Sanctuary Advisors LLC grew its stake in Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) by 105.8% during the fourth quarter, HoldingsChannel reports. The firm owned 21,891 shares of the company’s stock after buying an additional 11,254 shares during the quarter. Sanctuary Advisors LLC’s holdings in Pioneer Municipal High Income Advantage Fund were worth $188,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. International Assets Investment Management LLC lifted its stake in Pioneer Municipal High Income Advantage Fund by 784.0% in the 3rd quarter. International Assets Investment Management LLC now owns 57,460 shares of the company’s stock valued at $508,000 after purchasing an additional 50,960 shares during the last quarter. Moloney Securities Asset Management LLC acquired a new position in shares of Pioneer Municipal High Income Advantage Fund during the third quarter worth $97,000. XML Financial LLC bought a new position in shares of Pioneer Municipal High Income Advantage Fund in the 3rd quarter valued at $155,000. Rivernorth Capital Management LLC boosted its holdings in shares of Pioneer Municipal High Income Advantage Fund by 19.2% during the 3rd quarter. Rivernorth Capital Management LLC now owns 1,238,083 shares of the company’s stock valued at $10,945,000 after acquiring an additional 199,614 shares in the last quarter. Finally, Insigneo Advisory Services LLC bought a new stake in Pioneer Municipal High Income Advantage Fund during the 3rd quarter worth $203,000.

Pioneer Municipal High Income Advantage Fund Stock Down 0.2 %

Shares of MAV opened at $8.63 on Thursday. Pioneer Municipal High Income Advantage Fund, Inc. has a 12-month low of $7.77 and a 12-month high of $9.10. The business has a 50-day simple moving average of $8.56 and a two-hundred day simple moving average of $8.67.

Pioneer Municipal High Income Advantage Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be paid a $0.0325 dividend. This represents a $0.39 annualized dividend and a dividend yield of 4.52%. The ex-dividend date of this dividend is Friday, March 14th.

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.