Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Buys $249,900.00 in Stock

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) major shareholder Saba Capital Management, L.P. bought 20,825 shares of the firm’s stock in a transaction that occurred on Thursday, December 19th. The shares were purchased at an average price of $12.00 per share, for a total transaction of $249,900.00. Following the transaction, the insider now owns 1,984,170 shares of the company’s stock, valued at $23,810,040. The trade was a 1.06 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own at least 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 Tuesday, December 17th, Saba Capital Management, L.P. purchased 11,865 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired 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 stock was acquired 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 shares were acquired 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. acquired 3,881 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought 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. bought 3,700 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average cost 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 cost 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 shares were bought 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 stock was purchased at an average cost of $12.21 per share, for a total transaction of $104,529.81.
• On Monday, November 11th, Saba Capital Management, L.P. purchased 1,660 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average price of $12.14 per share, with a total value of $20,152.40.
• On Monday, November 4th, Saba Capital Management, L.P. acquired 5,253 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average cost of $12.14 per share, for a total transaction of $63,771.42.

Pioneer Municipal High Income Opportunities Fund Stock Performance

NYSE MIO opened at $11.81 on Thursday. Pioneer Municipal High Income Opportunities Fund, Inc. has a one year low of $10.46 and a one year high of $12.62. The company’s 50 day moving average price is $12.12 and its 200 day moving average price is $12.07.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

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

Institutional Trading of Pioneer Municipal High Income Opportunities Fund

A number of institutional investors have recently added to or reduced their stakes in MIO. Rivernorth Capital Management LLC boosted its position in shares of Pioneer Municipal High Income Opportunities Fund by 49.9% in the third quarter. Rivernorth Capital Management LLC now owns 1,132,947 shares of the company’s stock worth $14,049,000 after buying an additional 377,242 shares during the period. 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. Sanctuary Advisors LLC acquired a new stake in Pioneer Municipal High Income Opportunities Fund in the second quarter valued at approximately $388,000. Blue Bell Private Wealth Management LLC raised its stake in shares of Pioneer Municipal High Income Opportunities Fund by 82.9% during the second 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 during the period. Finally, WMG Financial Advisors LLC acquired a new position in shares of Pioneer Municipal High Income Opportunities Fund during the second quarter worth $117,000.