Insider Buying: Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Acquires $105,558.00 in Stock

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) major shareholder Saba Capital Management, L.P. acquired 8,760 shares of Pioneer Municipal High Income Opportunities Fund stock in a transaction that occurred on Thursday, November 21st. The stock was purchased at an average cost of $12.05 per share, with a total value of $105,558.00. Following the completion of the purchase, the insider now owns 1,896,824 shares in the company, valued at $22,856,729.20. The trade was a 0.46 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Large 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 Monday, November 25th, Saba Capital Management, L.P. acquired 3,700 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average cost of $12.10 per share, with a total value of $44,770.00.
• On Tuesday, November 19th, Saba Capital Management, L.P. acquired 12,400 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was 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. acquired 8,561 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average cost of $12.21 per share, with a total value 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 purchased at an average cost 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 stock was bought at an average cost of $12.14 per share, with a total value of $63,771.42.
• On Thursday, October 31st, Saba Capital Management, L.P. bought 2,461 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average cost of $12.08 per share, with a total value of $29,728.88.
• On Tuesday, October 29th, Saba Capital Management, L.P. bought 10,567 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average cost of $12.01 per share, with a total value of $126,909.67.
• On Wednesday, August 28th, Saba Capital Management, L.P. bought 1,500 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average cost of $12.09 per share, with a total value of $18,135.00.

Pioneer Municipal High Income Opportunities Fund Stock Up 1.3 %

Shares of MIO opened at $12.28 on Thursday. Pioneer Municipal High Income Opportunities Fund, Inc. has a 52-week low of $9.99 and a 52-week high of $12.62. The stock has a fifty day simple moving average of $12.22 and a two-hundred day simple moving average of $11.96.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a $0.05 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.89%. The ex-dividend date is Friday, November 15th.

Institutional Trading of Pioneer Municipal High Income Opportunities Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Rivernorth Capital Management LLC increased its position in shares of 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 purchasing an additional 362,964 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Pioneer Municipal High Income Opportunities Fund during the 2nd quarter worth about $388,000. Whitebox Advisors LLC increased its position in shares of Pioneer Municipal High Income Opportunities Fund by 157.0% during the 2nd quarter. Whitebox Advisors LLC now owns 114,612 shares of the company’s stock worth $1,335,000 after purchasing an additional 70,022 shares during the last quarter. Blue Bell Private Wealth Management LLC increased its position in shares of Pioneer Municipal High Income Opportunities Fund by 82.9% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 24,065 shares of the company’s stock worth $280,000 after purchasing an additional 10,906 shares during the last quarter. Finally, WMG Financial Advisors LLC acquired a new stake in shares of Pioneer Municipal High Income Opportunities Fund during the 2nd quarter worth about $117,000.