International Assets Investment Management LLC Grows Position in Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV)

International Assets Investment Management LLC increased its stake in Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) by 784.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 57,460 shares of the company’s stock after buying an additional 50,960 shares during the quarter. International Assets Investment Management LLC’s holdings in Pioneer Municipal High Income Advantage Fund were worth $508,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Wealthspire Advisors LLC acquired a new stake in shares of Pioneer Municipal High Income Advantage Fund in the second quarter valued at about $123,000. Blue Bell Private Wealth Management LLC grew its stake in Pioneer Municipal High Income Advantage Fund by 95.8% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 53,934 shares of the company’s stock valued at $443,000 after purchasing an additional 26,389 shares in the last quarter. Almitas Capital LLC grew its stake in Pioneer Municipal High Income Advantage Fund by 11.9% during 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. Bank of New York Mellon Corp grew its stake in Pioneer Municipal High Income Advantage Fund by 67.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 92,680 shares of the company’s stock valued at $761,000 after purchasing an additional 37,249 shares in the last quarter. Finally, Whitebox Advisors LLC acquired a new stake in Pioneer Municipal High Income Advantage Fund during the 1st quarter valued at approximately $1,143,000.

Insiders Place Their Bets

In other news, major shareholder Saba Capital Management, L.P. bought 3,318 shares of Pioneer Municipal High Income Advantage Fund stock in a transaction on Friday, August 16th. The shares were bought at an average price of $8.69 per share, with a total value of $28,833.42. Following the acquisition, the insider now directly owns 3,201,679 shares in the company, valued at approximately $27,822,590.51. This represents a 0.00 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have bought a total of 144,075 shares of company stock valued at $1,247,243 in the last quarter.

Pioneer Municipal High Income Advantage Fund Stock Up 0.2 %

NYSE:MAV opened at $8.71 on Wednesday. The business’s 50 day moving average is $8.77 and its two-hundred day moving average is $8.43. Pioneer Municipal High Income Advantage Fund, Inc. has a 52 week low of $6.77 and a 52 week high of $9.10.

Pioneer Municipal High Income Advantage Fund Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, October 31st. Shareholders of record on Friday, October 18th were issued a dividend of $0.0325 per share. This represents a $0.39 dividend on an annualized basis and a yield of 4.48%. The ex-dividend date was Friday, October 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.