Park Avenue Securities LLC Boosts Stock Position in Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV)

Park Avenue Securities LLC boosted its holdings in Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) by 4.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 117,850 shares of the company’s stock after purchasing an additional 5,297 shares during the period. Park Avenue Securities LLC’s holdings in Pioneer Municipal High Income Advantage Fund were worth $993,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of MAV. Sanctuary Advisors LLC purchased a new position in Pioneer Municipal High Income Advantage Fund in the third quarter worth $92,000. Moloney Securities Asset Management LLC purchased a new position in Pioneer Municipal High Income Advantage Fund in the third quarter worth $97,000. XML Financial LLC purchased a new position in Pioneer Municipal High Income Advantage Fund in the third quarter worth $155,000. Insigneo Advisory Services LLC purchased a new position in Pioneer Municipal High Income Advantage Fund in the third quarter worth $203,000. Finally, International Assets Investment Management LLC boosted its position in 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 purchasing an additional 50,960 shares during the last quarter.

Pioneer Municipal High Income Advantage Fund Stock Up 0.1 %

Shares of NYSE MAV opened at $8.53 on Tuesday. Pioneer Municipal High Income Advantage Fund, Inc. has a one year low of $7.77 and a one year high of $9.10. The business’s fifty day moving average price is $8.62 and its 200-day moving average price is $8.64.

Pioneer Municipal High Income Advantage Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be given a dividend of $0.0325 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.39 dividend on an annualized basis and a dividend yield of 4.57%.

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.