Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Buys $249,900.00 in Stock

Posted by Jeff Wilder on Dec 23rd, 2024

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 20,825 shares of the stock in a transaction that occurred on Thursday, December 19th. The stock was acquired at an average cost of $12.00 per share, with a total value of $249,900.00. Following the completion of the purchase, the insider now owns 1,984,170 shares of the company’s stock, valued at $23,810,040. This trade represents a 1.06 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own 10% or more 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 Tuesday, December 17th, Saba Capital Management, L.P. purchased 11,865 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average cost of $12.11 per share, for a total transaction of $143,685.15.
On Thursday, December 12th, Saba Capital Management, L.P. acquired 7,505 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average cost of $12.18 per share, with a total value of $91,410.90.
On Tuesday, December 10th, Saba Capital Management, L.P. purchased 7,284 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired 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. acquired 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. bought 3,700 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought 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. acquired 8,760 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average cost 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 shares were acquired at an average cost of $12.17 per share, with a total value of $150,908.00.
On Thursday, November 14th, Saba Capital Management, L.P. purchased 8,561 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average cost 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 shares were bought at an average cost 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 stock was bought at an average price of $12.14 per share, for a total transaction of $63,771.42.

Pioneer Municipal High Income Opportunities Fund Stock Down 0.3 %

MIO stock traded down $0.03 during midday trading on Monday, hitting $11.85. 13,226 shares of the stock traded hands, compared to its average volume of 35,988. Pioneer Municipal High Income Opportunities Fund, Inc. has a 1-year low of $10.46 and a 1-year high of $12.62. The stock’s fifty day simple moving average is $12.15 and its 200-day simple moving average is $12.07.

Pioneer Municipal High Income Opportunities Fund Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, December 12th were given a dividend of $0.05 per share. The ex-dividend date was Thursday, December 12th.

Hedge Funds Weigh In On Pioneer Municipal High Income Opportunities Fund

Large investors have recently bought and sold shares of the business. WMG Financial Advisors LLC acquired a new stake in shares of Pioneer Municipal High Income Opportunities Fund in the second quarter valued at about $117,000. Blue Bell Private Wealth Management LLC lifted its position in shares of Pioneer Municipal High Income Opportunities Fund by 82.9% in the second quarter. Blue Bell Private Wealth Management LLC now owns 24,065 shares of the company’s stock valued at $280,000 after acquiring an additional 10,906 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Pioneer Municipal High Income Opportunities Fund in the second quarter valued at about $388,000. Whitebox Advisors LLC lifted its stake 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 worth $1,335,000 after buying an additional 70,022 shares in the last quarter. Finally, Rivernorth Capital Management LLC boosted its position in 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 during the last quarter.