Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Buys $255,695.79 in Stock

Posted by Hanz Christensen on Jan 3rd, 2025

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO – Get Free Report) major shareholder Saba Capital Management, L.P. bought 21,469 shares of the business’s stock in a transaction on Monday, December 30th. The stock was bought at an average cost of $11.91 per share, with a total value of $255,695.79. Following the completion of the purchase, the insider now directly owns 2,079,938 shares in the company, valued at approximately $24,772,061.58. The trade was a 1.04 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

On Thursday, December 26th, Saba Capital Management, L.P. bought 32,911 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average cost of $11.85 per share, for a total transaction of $389,995.35.
On Monday, December 23rd, Saba Capital Management, L.P. bought 12,165 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average price of $11.85 per share, with a total value of $144,155.25.
On Thursday, December 19th, Saba Capital Management, L.P. bought 20,825 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average price of $12.00 per share, with a total value of $249,900.00.
On Tuesday, December 17th, Saba Capital Management, L.P. bought 11,865 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average price of $12.11 per share, with a total value of $143,685.15.
On Thursday, December 12th, Saba Capital Management, L.P. bought 7,505 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average price 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. bought 3,881 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average cost of $12.19 per share, for a total transaction 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 acquired at an average cost of $12.10 per share, with a total value 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. bought 12,400 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average price of $12.17 per share, with a total value of $150,908.00.

Pioneer Municipal High Income Opportunities Fund Stock Performance

NYSE:MIO opened at $11.99 on Friday. Pioneer Municipal High Income Opportunities Fund, Inc. has a 12-month low of $10.48 and a 12-month high of $12.62. The company’s 50-day moving average is $12.10 and its two-hundred day moving average is $12.08.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

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

Institutional Trading of Pioneer Municipal High Income Opportunities Fund

A number of institutional investors have recently modified their holdings of MIO. Blue Bell Private Wealth Management LLC grew its stake 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 valued at $280,000 after buying an additional 10,906 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Pioneer Municipal High Income Opportunities Fund in the second quarter worth $388,000. Whitebox Advisors LLC raised its stake in shares of 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 valued at $1,335,000 after purchasing an additional 70,022 shares in the last quarter. Finally, Rivernorth Capital Management LLC raised its stake 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 valued at $13,871,000 after buying an additional 362,964 shares in the last quarter.