Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Purchases $144,155.25 in Stock

Posted by Stuart Ham on Dec 30th, 2024

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO – Get Free Report) major shareholder Saba Capital Management, L.P. bought 12,165 shares of Pioneer Municipal High Income Opportunities Fund stock in a transaction on Monday, December 23rd. The stock was acquired at an average cost of $11.85 per share, with a total value of $144,155.25. Following the acquisition, the insider now owns 2,010,649 shares of the company’s stock, valued at $23,826,190.65. This trade represents a 0.61 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own at least 10% 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 Thursday, December 26th, Saba Capital Management, L.P. acquired 32,911 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average price of $11.85 per share, with a total value of $389,995.35.
On Thursday, December 19th, Saba Capital Management, L.P. bought 20,825 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average price of $12.00 per share, for a total transaction of $249,900.00.
On Tuesday, December 17th, Saba Capital Management, L.P. purchased 11,865 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were 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 shares were purchased 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. bought 7,284 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average cost of $12.26 per share, for a total transaction of $89,301.84.
On Wednesday, November 27th, Saba Capital Management, L.P. purchased 3,881 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased 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. acquired 3,700 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired 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. bought 8,760 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired 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. purchased 12,400 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average cost of $12.17 per share, for a total transaction 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 shares were acquired at an average cost of $12.21 per share, with a total value of $104,529.81.

Pioneer Municipal High Income Opportunities Fund Stock Up 0.8 %

MIO stock opened at $11.95 on Monday. The stock’s 50 day moving average price is $12.11 and its 200 day moving average price is $12.08. Pioneer Municipal High Income Opportunities Fund, Inc. has a 1 year low of $10.46 and a 1 year high of $12.62.

Pioneer Municipal High Income Opportunities Fund Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, December 12th were given a $0.05 dividend. The ex-dividend date of this dividend was Thursday, December 12th.

Institutional Trading of Pioneer Municipal High Income Opportunities Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Blue Bell Private Wealth Management LLC lifted 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 valued at $280,000 after purchasing an additional 10,906 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Pioneer Municipal High Income Opportunities Fund in the second quarter valued at approximately $388,000. Whitebox Advisors LLC lifted its stake in shares of Pioneer Municipal High Income Opportunities Fund by 157.0% during the second quarter. Whitebox Advisors LLC now owns 114,612 shares of the company’s stock valued at $1,335,000 after buying an additional 70,022 shares during the period. 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.