Saba Capital Management, L.P. Purchases 32,911 Shares of Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Stock

Posted by Grant Hamersma on Dec 27th, 2024

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO – Get Free Report) major shareholder Saba Capital Management, L.P. bought 32,911 shares of the stock in a transaction dated Thursday, December 26th. The shares were acquired at an average price of $11.85 per share, with a total value of $389,995.35. Following the completion of the acquisition, the insider now directly owns 2,051,327 shares of the company’s stock, valued at approximately $24,308,224.95. The trade was a 1.63 % increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Major 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. purchased 12,165 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was purchased at an average price of $11.85 per share, for a total transaction of $144,155.25.
On Thursday, December 19th, Saba Capital Management, L.P. purchased 20,825 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average cost of $12.00 per share, with a total value of $249,900.00.
On Tuesday, December 17th, Saba Capital Management, L.P. acquired 11,865 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was acquired at an average cost of $12.11 per share, for a total transaction of $143,685.15.
On Thursday, December 12th, Saba Capital Management, L.P. purchased 7,505 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were acquired at an average cost of $12.18 per share, for a total transaction of $91,410.90.
On Tuesday, December 10th, Saba Capital Management, L.P. purchased 7,284 shares of Pioneer Municipal High Income Opportunities Fund stock. The stock was bought at an average price 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 stock was purchased at an average price of $12.19 per share, for a total transaction 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 shares were 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. purchased 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. acquired 12,400 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were bought 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. bought 8,561 shares of Pioneer Municipal High Income Opportunities Fund stock. The shares were purchased at an average price of $12.21 per share, for a total transaction of $104,529.81.

Pioneer Municipal High Income Opportunities Fund Trading Up 0.8 %

MIO stock traded up $0.10 during trading on Friday, reaching $11.95. The company’s stock had a trading volume of 64,559 shares, compared to its average volume of 36,680. The company’s fifty day moving average is $12.11 and its 200-day moving average is $12.07. Pioneer Municipal High Income Opportunities Fund, Inc. has a 1 year low of $10.46 and a 1 year 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. Shareholders of record on Thursday, December 12th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, December 12th.

Hedge Funds Weigh In On Pioneer Municipal High Income Opportunities Fund

Several hedge funds have recently modified their holdings of the stock. Blue Bell Private Wealth Management LLC increased its holdings in 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 valued at $280,000 after acquiring an additional 10,906 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Pioneer Municipal High Income Opportunities Fund in the second quarter worth about $388,000. Whitebox Advisors LLC lifted its position in shares of 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 worth $1,335,000 after buying an additional 70,022 shares in the last quarter. Finally, Rivernorth Capital Management LLC boosted its stake in Pioneer Municipal High Income Opportunities Fund by 48.0% during the third quarter. Rivernorth Capital Management LLC now owns 1,118,669 shares of the company’s stock valued at $13,871,000 after buying an additional 362,964 shares during the last quarter.