Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Saba Capital Management, L.P. Purchases 7,505 Shares

Posted by Maddie Sorensen on Dec 17th, 2024

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 7,505 shares of the firm’s stock in a transaction dated Thursday, December 12th. The shares were purchased at an average cost of $12.18 per share, for a total transaction of $91,410.90. Following the acquisition, the insider now directly owns 1,933,415 shares in the company, valued at $23,548,994.70. This represents a 0.39 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 Tuesday, December 10th, Saba Capital Management, L.P. purchased 7,284 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average price of $12.26 per share, for a total transaction of $89,301.84.
On Wednesday, November 27th, Saba Capital Management, L.P. acquired 3,881 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average price of $12.19 per share, with a total value of $47,309.39.
On Monday, November 25th, Saba Capital Management, L.P. bought 3,700 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average price of $12.10 per share, for a total transaction of $44,770.00.
On Thursday, November 21st, Saba Capital Management, L.P. purchased 8,760 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average cost of $12.05 per share, with a total value of $105,558.00.
On Tuesday, November 19th, Saba Capital Management, L.P. acquired 12,400 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average cost 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 shares were bought at an average price of $12.21 per share, with a total value of $104,529.81.
On Monday, November 11th, Saba Capital Management, L.P. purchased 1,660 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought 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. acquired 5,253 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average cost of $12.14 per share, with a total value 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 shares were purchased at an average price of $12.08 per share, with a total value 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 stock was purchased at an average price of $12.01 per share, for a total transaction of $126,909.67.

Pioneer Municipal High Income Opportunities Fund Stock Up 0.2 %

NYSE MIO opened at $12.12 on Tuesday. Pioneer Municipal High Income Opportunities Fund, Inc. has a 1-year low of $10.33 and a 1-year high of $12.62. The company has a 50 day moving average of $12.17 and a 200-day moving average of $12.05.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 12th will be given a $0.05 dividend. The ex-dividend date is Thursday, December 12th.

Institutional Trading of Pioneer Municipal High Income Opportunities Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in MIO. WMG Financial Advisors LLC bought a new stake in shares of Pioneer Municipal High Income Opportunities Fund in the second quarter worth about $117,000. Blue Bell Private Wealth Management LLC raised its holdings in 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 buying an additional 10,906 shares during the period. Whitebox Advisors LLC lifted its stake in Pioneer Municipal High Income Opportunities Fund by 157.0% in the second quarter. Whitebox Advisors LLC now owns 114,612 shares of the company’s stock valued at $1,335,000 after buying an additional 70,022 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Pioneer Municipal High Income Opportunities Fund in the second quarter valued at approximately $388,000. Finally, Rivernorth Capital Management LLC increased its position in shares of Pioneer Municipal High Income Opportunities Fund by 48.0% during the third 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.