Saba Capital Management, L.P. Acquires 11,865 Shares of Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Stock

Posted by Dante Gardener on Dec 21st, 2024

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 11,865 shares of Pioneer Municipal High Income Opportunities Fund stock in a transaction that occurred on Tuesday, December 17th. The shares were bought at an average price of $12.11 per share, for a total transaction of $143,685.15. Following the completion of the transaction, the insider now owns 1,945,430 shares in the company, valued at $23,559,157.30. The trade was a 0.61 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own 10% or more 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 Thursday, December 12th, Saba Capital Management, L.P. acquired 7,505 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought 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 stock was purchased at an average cost of $12.26 per share, for a total transaction of $89,301.84.
On Wednesday, November 27th, Saba Capital Management, L.P. purchased 3,881 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased 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. acquired 3,700 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased 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. bought 8,760 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased 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. purchased 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 bought 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. bought 1,660 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average cost of $12.14 per share, with a total value of $20,152.40.
On Monday, November 4th, Saba Capital Management, L.P. purchased 5,253 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought 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 stock was bought at an average price of $12.08 per share, with a total value of $29,728.88.

Pioneer Municipal High Income Opportunities Fund Trading Down 1.0 %

MIO stock opened at $11.88 on Friday. The business’s 50 day moving average price is $12.15 and its two-hundred day moving average price is $12.05. Pioneer Municipal High Income Opportunities Fund, Inc. has a fifty-two week low of $10.46 and a fifty-two week high of $12.62.

Pioneer Municipal High Income Opportunities Fund Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, December 12th were issued a $0.05 dividend. The ex-dividend date of this dividend was Thursday, December 12th.

Hedge Funds Weigh In On Pioneer Municipal High Income Opportunities Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Whitebox Advisors LLC grew its position 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 worth $1,335,000 after buying an additional 70,022 shares during the period. Blue Bell Private Wealth Management LLC boosted 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 acquiring an additional 10,906 shares in the last quarter. Rivernorth Capital Management LLC grew its holdings in Pioneer Municipal High Income Opportunities Fund by 48.0% in 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 period. Sanctuary Advisors LLC bought a new position in shares of Pioneer Municipal High Income Opportunities Fund during the second quarter valued at approximately $388,000. Finally, WMG Financial Advisors LLC bought a new position in shares of Pioneer Municipal High Income Opportunities Fund during the second quarter valued at approximately $117,000.