Saba Capital Management, L.P. Purchases 3,700 Shares of Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Stock

Posted by Tech Dows on Nov 28th, 2024

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 3,700 shares of the stock in a transaction dated Monday, November 25th. The shares were acquired at an average price of $12.10 per share, for a total transaction of $44,770.00. Following the acquisition, the insider now directly owns 1,906,899 shares of the company’s stock, valued at $23,073,477.90. This represents a 0.19 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

On Thursday, November 21st, Saba Capital Management, L.P. bought 8,760 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average price of $12.05 per share, for a total transaction of $105,558.00.
On Tuesday, November 19th, Saba Capital Management, L.P. bought 12,400 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average price of $12.17 per share, for a total transaction of $150,908.00.
On Thursday, November 14th, Saba Capital Management, L.P. bought 8,561 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average price of $12.21 per share, for a total transaction of $104,529.81.
On Monday, November 11th, Saba Capital Management, L.P. bought 1,660 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average price of $12.14 per share, for a total transaction of $20,152.40.
On Monday, November 4th, Saba Capital Management, L.P. bought 5,253 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average price of $12.14 per share, for a total transaction of $63,771.42.
On Thursday, October 31st, Saba Capital Management, L.P. bought 2,461 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average price of $12.08 per share, for a total transaction of $29,728.88.
On Tuesday, October 29th, Saba Capital Management, L.P. bought 10,567 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average price of $12.01 per share, for a total transaction of $126,909.67.
On Wednesday, August 28th, Saba Capital Management, L.P. bought 1,500 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average price of $12.09 per share, for a total transaction of $18,135.00.

Pioneer Municipal High Income Opportunities Fund Trading Up 1.3 %

MIO opened at $12.28 on Thursday. The stock has a 50-day moving average of $12.22 and a 200-day moving average of $11.96. Pioneer Municipal High Income Opportunities Fund, Inc. has a 52-week low of $9.99 and a 52-week high of $12.62.

Pioneer Municipal High Income Opportunities Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.60 annualized dividend and a dividend yield of 4.89%.

Institutional Trading of Pioneer Municipal High Income Opportunities Fund

Several large investors have recently made changes to their positions in MIO. Rivernorth Capital Management LLC boosted its stake in shares of Pioneer Municipal High Income Opportunities Fund by 48.0% during the 3rd quarter. Rivernorth Capital Management LLC now owns 1,118,669 shares of the company’s stock worth $13,871,000 after acquiring an additional 362,964 shares in the last quarter. Whitebox Advisors LLC boosted its stake in shares of Pioneer Municipal High Income Opportunities Fund by 157.0% during the 2nd quarter. Whitebox Advisors LLC now owns 114,612 shares of the company’s stock worth $1,335,000 after acquiring an additional 70,022 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Pioneer Municipal High Income Opportunities Fund during the 2nd quarter worth about $388,000. Blue Bell Private Wealth Management LLC boosted its stake 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 worth $280,000 after acquiring an additional 10,906 shares in the last quarter. Finally, WMG Financial Advisors LLC bought a new stake in shares of Pioneer Municipal High Income Opportunities Fund during the 2nd quarter worth about $117,000.