Daner Wealth Management LLC Invests $247,000 in Pioneer Municipal High Income Fund, Inc. (NYSE:MHI)

Daner Wealth Management LLC acquired a new position in shares of Pioneer Municipal High Income Fund, Inc. (NYSE:MHI) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 26,200 shares of the investment management company’s stock, valued at approximately $247,000.

Several other institutional investors have also modified their holdings of the stock. Van ECK Associates Corp lifted its position in shares of Pioneer Municipal High Income Fund by 0.7% during the 4th quarter. Van ECK Associates Corp now owns 163,778 shares of the investment management company’s stock worth $1,517,000 after buying an additional 1,125 shares during the last quarter. Stifel Financial Corp increased its holdings in shares of Pioneer Municipal High Income Fund by 5.4% in the 3rd quarter. Stifel Financial Corp now owns 35,890 shares of the investment management company’s stock valued at $345,000 after acquiring an additional 1,836 shares during the period. Park Avenue Securities LLC increased its holdings in shares of Pioneer Municipal High Income Fund by 4.4% in the 4th quarter. Park Avenue Securities LLC now owns 113,263 shares of the investment management company’s stock valued at $1,049,000 after acquiring an additional 4,767 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of Pioneer Municipal High Income Fund by 11.3% in the 4th quarter. Bank of New York Mellon Corp now owns 59,602 shares of the investment management company’s stock valued at $552,000 after acquiring an additional 6,044 shares during the period. Finally, Hennion & Walsh Asset Management Inc. acquired a new position in shares of Pioneer Municipal High Income Fund in the 4th quarter valued at $736,000.

Pioneer Municipal High Income Fund Stock Up 0.8 %

Shares of Pioneer Municipal High Income Fund stock opened at $9.43 on Wednesday. The firm’s fifty day simple moving average is $9.38 and its 200-day simple moving average is $9.46. Pioneer Municipal High Income Fund, Inc. has a 12 month low of $8.45 and a 12 month high of $9.74.

Pioneer Municipal High Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be issued a $0.035 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.46%.

Pioneer Municipal High Income Fund Company Profile

Pioneer Municipal High Income Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in municipal securities. It seeks to invest in securities across the credit rating and maturity spectrum.