Chicago Partners Investment Group LLC Sells 5,488 Shares of Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV)

Chicago Partners Investment Group LLC reduced its holdings in shares of Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) by 12.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 38,793 shares of the company’s stock after selling 5,488 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Pioneer Municipal High Income Advantage Fund were worth $304,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Camelot Portfolios LLC lifted its position in shares of Pioneer Municipal High Income Advantage Fund by 13.3% during the 4th quarter. Camelot Portfolios LLC now owns 17,000 shares of the company’s stock valued at $136,000 after acquiring an additional 2,000 shares during the period. Stratos Wealth Partners LTD. lifted its position in shares of Pioneer Municipal High Income Advantage Fund by 46.9% during the 4th quarter. Stratos Wealth Partners LTD. now owns 20,270 shares of the company’s stock valued at $163,000 after acquiring an additional 6,470 shares during the period. Blue Bell Private Wealth Management LLC bought a new stake in shares of Pioneer Municipal High Income Advantage Fund during the 4th quarter valued at $68,000. Catalytic Wealth RIA LLC bought a new stake in shares of Pioneer Municipal High Income Advantage Fund during the 4th quarter valued at $135,000. Finally, Janney Montgomery Scott LLC bought a new stake in shares of Pioneer Municipal High Income Advantage Fund during the 3rd quarter valued at $129,000.

Insider Transactions at Pioneer Municipal High Income Advantage Fund

In other Pioneer Municipal High Income Advantage Fund news, major shareholder Saba Capital Management, L.P. purchased 19,612 shares of the stock in a transaction dated Tuesday, May 28th. The stock was bought at an average price of $8.04 per share, with a total value of $157,680.48. Following the acquisition, the insider now owns 2,842,868 shares of the company’s stock, valued at $22,856,658.72. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last quarter, insiders acquired 136,850 shares of company stock valued at $1,095,947.

Pioneer Municipal High Income Advantage Fund Trading Up 0.2 %

NYSE:MAV opened at $8.16 on Tuesday. The stock has a fifty day moving average price of $7.99 and a 200-day moving average price of $8.01. Pioneer Municipal High Income Advantage Fund, Inc. has a fifty-two week low of $6.37 and a fifty-two week high of $8.19.

Pioneer Municipal High Income Advantage Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Tuesday, June 18th will be issued a dividend of $0.0325 per share. The ex-dividend date is Tuesday, June 18th. This represents a $0.39 dividend on an annualized basis and a dividend yield of 4.78%.

Pioneer Municipal High Income Advantage Fund 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.