Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Major Shareholder Acquires $389,995.35 in Stock

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) major shareholder Saba Capital Management, L.P. purchased 32,911 shares of the company’s stock in a transaction dated Thursday, December 26th. The stock was bought at an average cost of $11.85 per share, for a total transaction of $389,995.35. Following the completion of the transaction, the insider now owns 2,051,327 shares in the company, valued at approximately $24,308,224.95. This represents a 1.63 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Monday, December 23rd, Saba Capital Management, L.P. bought 12,165 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average cost of $11.85 per share, for a total transaction of $144,155.25.
• On Thursday, December 19th, Saba Capital Management, L.P. bought 20,825 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average cost of $12.00 per share, for a total transaction of $249,900.00.
• On Tuesday, December 17th, Saba Capital Management, L.P. purchased 11,865 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average price of $12.11 per share, for a total transaction of $143,685.15.
• On Thursday, December 12th, Saba Capital Management, L.P. acquired 7,505 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average price 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, with a total value 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, with a total value 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 acquired at an average price of $12.05 per share, for a total transaction 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 stock was acquired 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 shares were acquired at an average cost of $12.21 per share, for a total transaction of $104,529.81.

Pioneer Municipal High Income Opportunities Fund Stock Performance

MIO opened at $11.95 on Monday. The company’s 50-day simple moving average is $12.11 and its two-hundred day simple moving average is $12.08. Pioneer Municipal High Income Opportunities Fund, Inc. has a 52-week low of $10.46 and a 52-week high of $12.62.

Pioneer Municipal High Income Opportunities Fund Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 19th. Investors of record on Thursday, December 12th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, December 12th.

Institutional Investors Weigh In On Pioneer Municipal High Income Opportunities Fund

A number of large investors have recently added to or reduced their stakes in MIO. Blue Bell Private Wealth Management LLC boosted its stake in shares of Pioneer Municipal High Income Opportunities Fund by 82.9% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 24,065 shares of the company’s stock worth $280,000 after buying an additional 10,906 shares during the last quarter. Whitebox Advisors LLC lifted its holdings in Pioneer Municipal High Income Opportunities Fund by 157.0% in the second quarter. Whitebox Advisors LLC now owns 114,612 shares of the company’s stock valued at $1,335,000 after acquiring an additional 70,022 shares during the period. Sanctuary Advisors LLC purchased a new position in Pioneer Municipal High Income Opportunities Fund in the second quarter worth about $388,000. Finally, Rivernorth Capital Management LLC grew its stake in shares of Pioneer Municipal High Income Opportunities Fund by 48.0% during the 3rd quarter. Rivernorth Capital Management LLC now owns 1,118,669 shares of the company’s stock valued at $13,871,000 after purchasing an additional 362,964 shares during the period.