Mackay Shields LLC Sells 1,868 Shares of Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV)

Mackay Shields LLC cut its stake in shares of Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) by 0.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 814,432 shares of the company’s stock after selling 1,868 shares during the period. Mackay Shields LLC’s holdings in Pioneer Municipal High Income Advantage Fund were worth $6,866,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sanctuary Advisors LLC bought a new stake in shares of Pioneer Municipal High Income Advantage Fund during the third quarter valued at about $92,000. Moloney Securities Asset Management LLC bought a new stake in shares of Pioneer Municipal High Income Advantage Fund during the third quarter valued at about $97,000. XML Financial LLC bought a new stake in shares of Pioneer Municipal High Income Advantage Fund during the third quarter valued at about $155,000. Insigneo Advisory Services LLC bought a new stake in shares of Pioneer Municipal High Income Advantage Fund during the third quarter valued at about $203,000. Finally, Kingswood Wealth Advisors LLC increased its position in shares of Pioneer Municipal High Income Advantage Fund by 25.6% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 58,700 shares of the company’s stock valued at $495,000 after buying an additional 11,975 shares during the period.

Pioneer Municipal High Income Advantage Fund Trading Up 0.1 %

Shares of MAV opened at $8.62 on Friday. The business’s 50-day moving average price is $8.54 and its 200-day moving average price is $8.67. Pioneer Municipal High Income Advantage Fund, Inc. has a twelve month low of $7.77 and a twelve month high of $9.10.

Pioneer Municipal High Income Advantage Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.0325 per share. This represents a $0.39 annualized dividend and a dividend yield of 4.53%. The ex-dividend date of this dividend is Tuesday, February 18th.

Pioneer Municipal High Income Advantage Fund Company Profile

Pioneer Municipal High Income Advantage Fund, Inc is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. The fund benchmarks the performance of its portfolio against the Barclays Capital High Yield Municipal Bond Index and the Barclays Capital Municipal Bond Index.