Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Buys $91,410.90 in Stock

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) major shareholder Saba Capital Management, L.P. acquired 7,505 shares of the company’s stock in a transaction dated Thursday, December 12th. The stock was bought at an average cost of $12.18 per share, for a total transaction of $91,410.90. Following the completion of the transaction, the insider now directly owns 1,933,415 shares of the company’s stock, valued at approximately $23,548,994.70. This trade represents a 0.39 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own at least 10% of a company’s shares 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 stock was bought 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 shares were bought 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 purchased 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 purchased at an average price of $12.05 per share, with a total value 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 purchased 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 stock was acquired 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. acquired 1,660 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average price of $12.14 per share, with a total value 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 shares were acquired 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. purchased 2,461 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired 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. acquired 10,567 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average price of $12.01 per share, for a total transaction of $126,909.67.

Pioneer Municipal High Income Opportunities Fund Trading Down 0.7 %

NYSE:MIO opened at $12.02 on Thursday. Pioneer Municipal High Income Opportunities Fund, Inc. has a fifty-two week low of $10.40 and a fifty-two week high of $12.62. The stock has a fifty day moving average price of $12.16 and a 200-day moving average price of $12.06.

Pioneer Municipal High Income Opportunities Fund Announces Dividend

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

Institutional Investors Weigh In On Pioneer Municipal High Income Opportunities Fund

A number of large investors have recently bought and sold shares of MIO. WMG Financial Advisors LLC bought a new stake in shares of Pioneer Municipal High Income Opportunities Fund during the 2nd quarter worth approximately $117,000. Blue Bell Private Wealth Management LLC raised its position in Pioneer Municipal High Income Opportunities Fund by 82.9% during the second quarter. Blue Bell Private Wealth Management LLC now owns 24,065 shares of the company’s stock valued at $280,000 after purchasing an additional 10,906 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in Pioneer Municipal High Income Opportunities Fund during the second quarter worth $388,000. Whitebox Advisors LLC boosted its holdings in shares of Pioneer Municipal High Income Opportunities Fund by 157.0% in the 2nd 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 increased its stake in shares of Pioneer Municipal High Income Opportunities Fund by 48.0% in the 3rd quarter. Rivernorth Capital Management LLC now owns 1,118,669 shares of the company’s stock valued at $13,871,000 after purchasing an additional 362,964 shares during the last quarter.