Insider Buying: Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Acquires 8,760 Shares of Stock

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) major shareholder Saba Capital Management, L.P. bought 8,760 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were purchased at an average price of $12.05 per share, with a total value of $105,558.00. Following the completion of the acquisition, the insider now directly owns 1,896,824 shares in the company, valued at $22,856,729.20. This trade represents a 0.46 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own more than 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 Monday, November 25th, Saba Capital Management, L.P. bought 3,700 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average price of $12.10 per share, with a total value of $44,770.00.
• On Tuesday, November 19th, Saba Capital Management, L.P. bought 12,400 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average price of $12.17 per share, with a total value 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 stock was bought at an average price of $12.21 per share, with a total value 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 stock was bought 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 bought at an average price of $12.14 per share, with a total value 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 stock was bought at an average price of $12.08 per share, with a total value 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 stock was bought at an average price of $12.01 per share, with a total value of $126,909.67.
• On Wednesday, August 28th, Saba Capital Management, L.P. acquired 1,500 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average price of $12.09 per share, with a total value of $18,135.00.

Pioneer Municipal High Income Opportunities Fund Trading Up 1.3 %

Shares of MIO opened at $12.28 on Thursday. The stock has a 50-day simple moving average of $12.22 and a 200-day simple moving average of $11.96. Pioneer Municipal High Income Opportunities Fund, Inc. has a 1 year low of $9.99 and a 1 year high of $12.62.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a dividend of $0.05 per share. This represents a $0.60 annualized dividend and a yield of 4.89%. The ex-dividend date is Friday, November 15th.

Institutional Investors Weigh In On Pioneer Municipal High Income Opportunities Fund

Several institutional investors have recently added to or reduced their stakes in the business. Rivernorth Capital Management LLC lifted 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 worth $13,871,000 after purchasing an additional 362,964 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in Pioneer Municipal High Income Opportunities Fund during the second quarter worth approximately $388,000. Whitebox Advisors LLC lifted its stake 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 purchasing an additional 70,022 shares during the last quarter. Blue Bell Private Wealth Management LLC lifted its stake in 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 worth $280,000 after purchasing an additional 10,906 shares during the last quarter. Finally, WMG Financial Advisors LLC purchased a new stake in Pioneer Municipal High Income Opportunities Fund during the second quarter worth approximately $117,000.