Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV – Get Free Report) shares crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $8.79 and traded as low as $8.70. Pioneer Municipal High Income Advantage Fund shares last traded at $8.70, with a volume of 55,444 shares.
Pioneer Municipal High Income Advantage Fund Stock Down 0.1 %
The stock has a 50 day moving average of $8.79 and a 200 day moving average of $8.36.
Pioneer Municipal High Income Advantage Fund Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Friday, October 18th will be paid a $0.0325 dividend. This represents a $0.39 dividend on an annualized basis and a dividend yield of 4.48%. The ex-dividend date of this dividend is Friday, October 18th.
Insider Buying and Selling
Institutional Trading of Pioneer Municipal High Income Advantage Fund
Several hedge funds have recently modified their holdings of MAV. International Assets Investment Management LLC bought a new stake in Pioneer Municipal High Income Advantage Fund in the second quarter valued at $53,000. PNC Financial Services Group Inc. bought a new position in Pioneer Municipal High Income Advantage Fund in the fourth quarter worth approximately $72,000. Almitas Capital LLC grew its stake in Pioneer Municipal High Income Advantage Fund by 11.9% in the second quarter. Almitas Capital LLC now owns 91,192 shares of the company’s stock valued at $749,000 after acquiring an additional 9,700 shares during the period. Kingswood Wealth Advisors LLC increased its holdings in shares of Pioneer Municipal High Income Advantage Fund by 33.8% during the first quarter. Kingswood Wealth Advisors LLC now owns 46,725 shares of the company’s stock valued at $381,000 after acquiring an additional 11,810 shares in the last quarter. Finally, Wealthspire Advisors LLC acquired a new position in shares of Pioneer Municipal High Income Advantage Fund during the second quarter worth approximately $123,000.
About Pioneer Municipal High Income Advantage Fund
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.
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