Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV – Get Free Report)’s stock price 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 traded.
Pioneer Municipal High Income Advantage Fund Stock Up 0.5 %
The stock’s fifty day simple moving average is $8.79 and its 200-day simple moving average is $8.36.
Pioneer Municipal High Income Advantage Fund Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Friday, October 18th will be issued a dividend of $0.0325 per share. The ex-dividend date is Friday, October 18th. This represents a $0.39 dividend on an annualized basis and a dividend yield of 4.48%.
Insider Buying and Selling
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in MAV. International Assets Investment Management LLC acquired a new stake in Pioneer Municipal High Income Advantage Fund in the second quarter valued at approximately $53,000. PNC Financial Services Group Inc. bought a new stake in shares of Pioneer Municipal High Income Advantage Fund in the fourth quarter valued at $72,000. Wealthspire Advisors LLC purchased a new stake in Pioneer Municipal High Income Advantage Fund during the second quarter valued at about $123,000. Kingswood Wealth Advisors LLC boosted its holdings in Pioneer Municipal High Income Advantage Fund by 33.8% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 46,725 shares of the company’s stock worth $381,000 after buying an additional 11,810 shares during the period. Finally, Blue Bell Private Wealth Management LLC boosted its holdings in shares of Pioneer Municipal High Income Advantage Fund by 95.8% in the second quarter. Blue Bell Private Wealth Management LLC now owns 53,934 shares of the company’s stock worth $443,000 after acquiring an additional 26,389 shares during the period.
Pioneer Municipal High Income Advantage Fund Company Profile
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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