Insider Buying: Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Acquires 5,253 Shares of Stock

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) major shareholder Saba Capital Management, L.P. purchased 5,253 shares of the business’s stock in a transaction on Monday, November 4th. The stock was bought at an average cost of $12.14 per share, for a total transaction of $63,771.42. Following the purchase, the insider now owns 1,850,835 shares of the company’s stock, valued at approximately $22,469,136.90. This represents a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

• 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 cost of $12.08 per share, for a total transaction of $29,728.88.
• On Tuesday, October 29th, Saba Capital Management, L.P. bought 10,567 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased 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. purchased 1,500 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average price of $12.09 per share, for a total transaction of $18,135.00.
• On Friday, August 23rd, Saba Capital Management, L.P. acquired 5,700 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average price of $12.15 per share, with a total value of $69,255.00.
• On Wednesday, August 21st, Saba Capital Management, L.P. bought 11,768 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average price of $12.12 per share, for a total transaction of $142,628.16.
• On Monday, August 12th, Saba Capital Management, L.P. purchased 12,078 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average cost of $12.09 per share, with a total value of $146,023.02.
• On Wednesday, August 7th, Saba Capital Management, L.P. acquired 21,537 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average cost of $12.12 per share, for a total transaction of $261,028.44.

Pioneer Municipal High Income Opportunities Fund Trading Down 0.3 %

Shares of MIO stock opened at $12.08 on Wednesday. The firm’s fifty day moving average price is $12.28 and its two-hundred day moving average price is $11.85. Pioneer Municipal High Income Opportunities Fund, Inc. has a 1 year low of $9.64 and a 1 year high of $12.62.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Friday, October 18th were issued a dividend of $0.05 per share. The ex-dividend date was Friday, October 18th. This represents a $0.60 annualized dividend and a yield of 4.97%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Whitebox Advisors LLC increased its position in shares of Pioneer Municipal High Income Opportunities Fund by 157.0% during the 2nd 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. Sanctuary Advisors LLC acquired a new position in Pioneer Municipal High Income Opportunities Fund during the second quarter worth $388,000. Blue Bell Private Wealth Management LLC raised its position 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. Prudent Investors Network Inc. acquired a new stake in Pioneer Municipal High Income Opportunities Fund in the first quarter valued at $117,000. Finally, WMG Financial Advisors LLC bought a new position in shares of Pioneer Municipal High Income Opportunities Fund in the 2nd quarter valued at about $117,000.