Saba Capital Management, L.P. Buys 5,317 Shares of Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Stock

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIOGet Free Report) major shareholder Saba Capital Management, L.P. bought 5,317 shares of the company’s stock in a transaction on Thursday, January 2nd. The shares were acquired at an average price of $11.96 per share, for a total transaction of $63,591.32. Following the transaction, the insider now directly owns 2,085,255 shares in the company, valued at $24,939,649.80. This trade represents a 0.26 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available 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 Monday, December 30th, Saba Capital Management, L.P. purchased 21,469 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average price of $11.91 per share, with a total value of $255,695.79.
  • On Thursday, December 26th, Saba Capital Management, L.P. acquired 32,911 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average cost of $11.85 per share, with a total value of $389,995.35.
  • On Monday, December 23rd, Saba Capital Management, L.P. bought 12,165 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average price of $11.85 per share, with a total value of $144,155.25.
  • On Thursday, December 19th, Saba Capital Management, L.P. acquired 20,825 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average cost of $12.00 per share, for a total transaction of $249,900.00.
  • On Tuesday, December 17th, Saba Capital Management, L.P. bought 11,865 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average price of $12.11 per share, for a total transaction of $143,685.15.
  • On Thursday, December 12th, Saba Capital Management, L.P. bought 7,505 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average cost of $12.18 per share, for a total transaction of $91,410.90.
  • On Tuesday, December 10th, Saba Capital Management, L.P. acquired 7,284 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average cost of $12.26 per share, with a total value of $89,301.84.
  • On Wednesday, November 27th, Saba Capital Management, L.P. purchased 3,881 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average cost of $12.19 per share, with a total value of $47,309.39.
  • On Monday, November 25th, Saba Capital Management, L.P. purchased 3,700 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average cost of $12.10 per share, for a total transaction of $44,770.00.
  • On Thursday, November 21st, Saba Capital Management, L.P. bought 8,760 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average price of $12.05 per share, with a total value of $105,558.00.

Pioneer Municipal High Income Opportunities Fund Stock Performance

MIO traded down $0.01 during trading on Monday, hitting $11.99. The stock had a trading volume of 5,922 shares, compared to its average volume of 9,048. Pioneer Municipal High Income Opportunities Fund, Inc. has a one year low of $10.48 and a one year high of $12.62. The company has a 50 day moving average price of $12.10 and a 200-day moving average price of $12.09.

Pioneer Municipal High Income Opportunities Fund Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, December 12th were issued a $0.05 dividend. The ex-dividend date of this dividend was Thursday, December 12th.

Hedge Funds Weigh In On Pioneer Municipal High Income Opportunities Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sanctuary Advisors LLC acquired a new position in Pioneer Municipal High Income Opportunities Fund in the second quarter valued at approximately $388,000. Whitebox Advisors LLC lifted its holdings in shares of 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 purchasing an additional 70,022 shares in the last quarter. Finally, Rivernorth Capital Management LLC boosted its holdings in 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 during the last quarter.

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Insider Buying and Selling by Quarter for Pioneer Municipal High Income Opportunities Fund (NYSE:MIO)

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