Noble Wealth Management PBC Takes Position in Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV)

Noble Wealth Management PBC purchased a new stake in shares of Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 6,046 shares of the company’s stock, valued at approximately $51,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Sanctuary Advisors LLC grew its holdings in shares of Pioneer Municipal High Income Advantage Fund by 105.8% during the 4th quarter. Sanctuary Advisors LLC now owns 21,891 shares of the company’s stock valued at $188,000 after acquiring an additional 11,254 shares in the last quarter. Van ECK Associates Corp boosted its holdings in Pioneer Municipal High Income Advantage Fund by 2.6% in the fourth quarter. Van ECK Associates Corp now owns 173,307 shares of the company’s stock worth $1,461,000 after purchasing an additional 4,360 shares in the last quarter. Kingswood Wealth Advisors LLC boosted its holdings in Pioneer Municipal High Income Advantage Fund by 25.6% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 58,700 shares of the company’s stock worth $495,000 after purchasing an additional 11,975 shares in the last quarter. XML Financial LLC boosted its holdings in Pioneer Municipal High Income Advantage Fund by 9.1% in the fourth quarter. XML Financial LLC now owns 19,100 shares of the company’s stock worth $161,000 after purchasing an additional 1,600 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. boosted its holdings in Pioneer Municipal High Income Advantage Fund by 114.7% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 552,818 shares of the company’s stock worth $4,660,000 after purchasing an additional 295,281 shares in the last quarter.

Pioneer Municipal High Income Advantage Fund Price Performance

Pioneer Municipal High Income Advantage Fund stock opened at $8.67 on Friday. Pioneer Municipal High Income Advantage Fund, Inc. has a fifty-two week low of $7.77 and a fifty-two week high of $9.10. The firm has a fifty day moving average price of $8.54 and a two-hundred day moving average price of $8.67.

Pioneer Municipal High Income Advantage Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th were given a dividend of $0.0325 per share. This represents a $0.39 dividend on an annualized basis and a yield of 4.50%. The ex-dividend date of this dividend was Tuesday, February 18th.

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.