Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Saba Capital Management, L.P. Acquires 7,284 Shares

Posted by Lindsey Winhoffer on Dec 13th, 2024

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO – Get Free Report) major shareholder Saba Capital Management, L.P. bought 7,284 shares of Pioneer Municipal High Income Opportunities Fund stock in a transaction on Tuesday, December 10th. The shares were bought at an average price of $12.26 per share, for a total transaction of $89,301.84. Following the acquisition, the insider now owns 1,924,730 shares of the company’s stock, valued at approximately $23,597,189.80. The trade was a 0.38 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Major 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 Wednesday, November 27th, Saba Capital Management, L.P. bought 3,881 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought at an average price 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 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. acquired 8,760 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average price of $12.05 per share, for a total transaction 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 acquired at an average price 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 price of $12.21 per share, for a total transaction of $104,529.81.
On Monday, November 11th, Saba Capital Management, L.P. acquired 1,660 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average price of $12.14 per share, for a total transaction 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 shares were acquired at an average price of $12.14 per share, for a total transaction of $63,771.42.
On Thursday, October 31st, Saba Capital Management, L.P. acquired 2,461 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average price of $12.08 per share, for a total transaction of $29,728.88.
On Tuesday, October 29th, Saba Capital Management, L.P. acquired 10,567 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average price of $12.01 per share, for a total transaction of $126,909.67.

Pioneer Municipal High Income Opportunities Fund Trading Down 0.1 %

NYSE:MIO opened at $12.21 on Friday. Pioneer Municipal High Income Opportunities Fund, Inc. has a fifty-two week low of $10.16 and a fifty-two week high of $12.62. The business’s 50-day simple moving average is $12.18 and its 200-day simple moving average is $12.03.

Pioneer Municipal High Income Opportunities Fund Announces Dividend

The company also recently announced a dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 12th will be given a $0.05 dividend. The ex-dividend date of this dividend is Thursday, December 12th.

Institutional Investors Weigh In On Pioneer Municipal High Income Opportunities Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Rivernorth Capital Management LLC raised its position in Pioneer Municipal High Income Opportunities Fund by 49.9% in the 3rd quarter. Rivernorth Capital Management LLC now owns 1,132,947 shares of the company’s stock valued at $14,049,000 after buying an additional 377,242 shares during the last quarter. Whitebox Advisors LLC raised its position 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 valued at $1,335,000 after buying an additional 70,022 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Pioneer Municipal High Income Opportunities Fund during the 2nd quarter worth approximately $388,000. Blue Bell Private Wealth Management LLC increased its position in shares of Pioneer Municipal High Income Opportunities Fund by 82.9% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 24,065 shares of the company’s stock worth $280,000 after purchasing an additional 10,906 shares during the last quarter. Finally, WMG Financial Advisors LLC acquired a new position in shares of Pioneer Municipal High Income Opportunities Fund during the 2nd quarter worth approximately $117,000.