Rivernorth Capital Management LLC Grows Stock Position in Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO)

Rivernorth Capital Management LLC boosted its stake in Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) by 48.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,118,669 shares of the company’s stock after acquiring an additional 362,964 shares during the quarter. Rivernorth Capital Management LLC’s holdings in Pioneer Municipal High Income Opportunities Fund were worth $13,871,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. WMG Financial Advisors LLC purchased a new position in Pioneer Municipal High Income Opportunities Fund in the 2nd quarter worth approximately $117,000. Blue Bell Private Wealth Management LLC boosted its holdings in Pioneer Municipal High Income Opportunities Fund by 82.9% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 24,065 shares of the company’s stock worth $280,000 after acquiring an additional 10,906 shares during the period. Sanctuary Advisors LLC purchased a new position in Pioneer Municipal High Income Opportunities Fund in the 2nd quarter worth approximately $388,000. Finally, Whitebox Advisors LLC boosted its holdings in 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 worth $1,335,000 after acquiring an additional 70,022 shares during the period.

Pioneer Municipal High Income Opportunities Fund Stock Performance

NYSE MIO opened at $12.37 on Thursday. Pioneer Municipal High Income Opportunities Fund, Inc. has a fifty-two week low of $10.10 and a fifty-two week high of $12.62. The business has a 50 day moving average price of $12.20 and a two-hundred day moving average price of $11.99.

Pioneer Municipal High Income Opportunities Fund Announces Dividend

The firm also recently announced a dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 12th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, December 12th.

Insider Activity

In other Pioneer Municipal High Income Opportunities Fund news, major shareholder Saba Capital Management, L.P. bought 8,561 shares of Pioneer Municipal High Income Opportunities Fund stock in a transaction dated Thursday, November 14th. The stock was bought at an average cost of $12.21 per share, for a total transaction of $104,529.81. Following the purchase, the insider now owns 1,871,532 shares in the company, valued at $22,851,405.72. This represents a 0.46 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In the last three months, insiders acquired 57,243 shares of company stock worth $693,638.