XML Financial LLC Purchases 1,600 Shares of Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV)

XML Financial LLC boosted its position in Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) by 9.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,100 shares of the company’s stock after acquiring an additional 1,600 shares during the quarter. XML Financial LLC’s holdings in Pioneer Municipal High Income Advantage Fund were worth $161,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in MAV. Sanctuary Advisors LLC bought a new position in shares of Pioneer Municipal High Income Advantage Fund in the 3rd quarter valued at $92,000. Park Avenue Securities LLC grew its position in Pioneer Municipal High Income Advantage Fund by 4.7% in the fourth quarter. Park Avenue Securities LLC now owns 117,850 shares of the company’s stock valued at $993,000 after acquiring an additional 5,297 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Pioneer Municipal High Income Advantage Fund by 784.0% in the third quarter. International Assets Investment Management LLC now owns 57,460 shares of the company’s stock worth $508,000 after acquiring an additional 50,960 shares during the last quarter. Rivernorth Capital Management LLC boosted its stake in shares of Pioneer Municipal High Income Advantage Fund by 32.9% in the 3rd quarter. Rivernorth Capital Management LLC now owns 1,379,762 shares of the company’s stock valued at $12,197,000 after purchasing an additional 341,293 shares in the last quarter. Finally, Almitas Capital LLC boosted its stake in shares of Pioneer Municipal High Income Advantage Fund by 11.9% in the 2nd quarter. Almitas Capital LLC now owns 91,192 shares of the company’s stock valued at $749,000 after purchasing an additional 9,700 shares in the last quarter.

Pioneer Municipal High Income Advantage Fund Trading Down 0.4 %

MAV stock opened at $8.50 on Friday. The company has a 50 day simple moving average of $8.62 and a 200 day simple moving average of $8.65. Pioneer Municipal High Income Advantage Fund, Inc. has a 1 year low of $7.77 and a 1 year high of $9.10.

Pioneer Municipal High Income Advantage Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be issued a dividend of $0.0325 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.39 annualized dividend and a dividend yield of 4.59%.

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.