Sanctuary Advisors LLC Buys 11,254 Shares of Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV)

Sanctuary Advisors LLC boosted its stake in shares of Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) by 105.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,891 shares of the company’s stock after acquiring an additional 11,254 shares during the period. Sanctuary Advisors LLC’s holdings in Pioneer Municipal High Income Advantage Fund were worth $188,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rivernorth Capital Management LLC grew its holdings in shares of Pioneer Municipal High Income Advantage Fund by 32.9% during the 3rd quarter. Rivernorth Capital Management LLC now owns 1,379,762 shares of the company’s stock worth $12,197,000 after purchasing an additional 341,293 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted 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 purchasing an additional 295,281 shares during the period. Van ECK Associates Corp grew its stake in Pioneer Municipal High Income Advantage Fund by 2.6% during the fourth quarter. Van ECK Associates Corp now owns 173,307 shares of the company’s stock worth $1,461,000 after buying an additional 4,360 shares in the last quarter. Park Avenue Securities LLC increased its holdings in Pioneer Municipal High Income Advantage Fund by 4.7% in the 4th quarter. Park Avenue Securities LLC now owns 117,850 shares of the company’s stock valued at $993,000 after buying an additional 5,297 shares during the period. Finally, Kingswood Wealth Advisors LLC raised its position in shares of Pioneer Municipal High Income Advantage Fund by 25.6% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 58,700 shares of the company’s stock valued at $495,000 after buying an additional 11,975 shares in the last quarter.

Pioneer Municipal High Income Advantage Fund Stock Down 0.2 %

Shares of Pioneer Municipal High Income Advantage Fund stock opened at $8.63 on Thursday. The company has a 50 day moving average of $8.56 and a 200-day moving average of $8.67. Pioneer Municipal High Income Advantage Fund, Inc. has a 1-year low of $7.77 and a 1-year high of $9.10.

Pioneer Municipal High Income Advantage Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.0325 per share. This represents a $0.39 annualized dividend and a yield of 4.52%. The ex-dividend date of this dividend is Friday, March 14th.

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.