Van ECK Associates Corp Has $1.46 Million Stock Position in Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV)

Van ECK Associates Corp lifted its stake in Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) by 2.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 173,307 shares of the company’s stock after acquiring an additional 4,360 shares during the quarter. Van ECK Associates Corp’s holdings in Pioneer Municipal High Income Advantage Fund were worth $1,461,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Kingswood Wealth Advisors LLC increased its position in Pioneer Municipal High Income Advantage Fund by 25.6% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 58,700 shares of the company’s stock worth $495,000 after buying an additional 11,975 shares during the last quarter. XML Financial LLC increased its position in Pioneer Municipal High Income Advantage Fund by 9.1% during the fourth quarter. XML Financial LLC now owns 19,100 shares of the company’s stock worth $161,000 after buying an additional 1,600 shares during the last quarter. Hennion & Walsh Asset Management Inc. increased its position in Pioneer Municipal High Income Advantage Fund by 114.7% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 552,818 shares of the company’s stock worth $4,660,000 after buying an additional 295,281 shares during the last quarter. Park Avenue Securities LLC increased its position in Pioneer Municipal High Income Advantage Fund by 4.7% during the fourth quarter. Park Avenue Securities LLC now owns 117,850 shares of the company’s stock worth $993,000 after buying an additional 5,297 shares during the last quarter. Finally, Rivernorth Capital Management LLC increased its position in Pioneer Municipal High Income Advantage Fund by 32.9% during the third quarter. Rivernorth Capital Management LLC now owns 1,379,762 shares of the company’s stock worth $12,197,000 after buying an additional 341,293 shares during the last quarter.

Pioneer Municipal High Income Advantage Fund Price Performance

Shares of NYSE MAV opened at $8.62 on Friday. The business’s 50 day moving average price is $8.54 and its two-hundred day moving average price is $8.67. Pioneer Municipal High Income Advantage Fund, Inc. has a twelve month low of $7.77 and a twelve month high of $9.10.

Pioneer Municipal High Income Advantage Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be given a dividend of $0.0325 per share. This represents a $0.39 dividend on an annualized basis and a yield of 4.53%. The ex-dividend date of this dividend is Tuesday, February 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.