Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Saba Capital Management, L.P. Buys 12,165 Shares

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) major shareholder Saba Capital Management, L.P. bought 12,165 shares of Pioneer Municipal High Income Opportunities Fund stock in a transaction dated Monday, December 23rd. The stock was purchased at an average price of $11.85 per share, with a total value of $144,155.25. Following the purchase, the insider now directly owns 2,010,649 shares in the company, valued at approximately $23,826,190.65. This trade represents a 0.61 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Major shareholders that own more than 10% of a company’s shares 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. purchased 32,911 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average cost 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 acquired 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 stock was acquired at an average cost of $12.11 per share, with a total value 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 acquired at an average cost of $12.18 per share, for a total transaction 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 shares were bought at an average price 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 stock was bought at an average price of $12.19 per share, with a total value of $47,309.39.
• On Monday, November 25th, Saba Capital Management, L.P. bought 3,700 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought 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. purchased 8,760 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought 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. 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. bought 8,561 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average price of $12.21 per share, for a total transaction of $104,529.81.

Pioneer Municipal High Income Opportunities Fund Stock Performance

Shares of MIO stock opened at $11.95 on Friday. Pioneer Municipal High Income Opportunities Fund, Inc. has a fifty-two week low of $10.46 and a fifty-two week high of $12.62. The business has a fifty day simple moving average of $12.11 and a 200-day simple moving average of $12.07.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, December 12th were given a dividend of $0.05 per share. The ex-dividend date was Thursday, December 12th.

Institutional Trading of Pioneer Municipal High Income Opportunities Fund

Several institutional investors and hedge funds have recently modified their holdings of the business. Rivernorth Capital Management LLC increased its stake in shares of Pioneer Municipal High Income Opportunities Fund by 49.9% during the 3rd quarter. Rivernorth Capital Management LLC now owns 1,132,947 shares of the company’s stock worth $14,049,000 after purchasing an additional 377,242 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in Pioneer Municipal High Income Opportunities Fund during the 2nd quarter valued at $388,000. Whitebox Advisors LLC increased its position in 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 worth $1,335,000 after buying an additional 70,022 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC raised its holdings in shares of Pioneer Municipal High Income Opportunities Fund by 82.9% in the second 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 last quarter.