XML Financial LLC Acquires 1,600 Shares of Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV)

XML Financial LLC raised its stake in shares of Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) by 9.1% in the 4th quarter, Holdings Channel reports. The firm owned 19,100 shares of the company’s stock after purchasing an additional 1,600 shares during the quarter. XML Financial LLC’s holdings in Pioneer Municipal High Income Advantage Fund were worth $161,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sanctuary Advisors LLC bought a new position in shares of Pioneer Municipal High Income Advantage Fund during the third quarter worth about $92,000. Moloney Securities Asset Management LLC bought a new position in Pioneer Municipal High Income Advantage Fund during the 3rd quarter worth approximately $97,000. Insigneo Advisory Services LLC acquired a new position in shares of Pioneer Municipal High Income Advantage Fund in the 3rd quarter worth approximately $203,000. International Assets Investment Management LLC boosted its stake in shares of Pioneer Municipal High Income Advantage Fund by 784.0% in the 3rd quarter. International Assets Investment Management LLC now owns 57,460 shares of the company’s stock valued at $508,000 after purchasing an additional 50,960 shares during the last quarter. Finally, Almitas Capital LLC increased its position in shares of Pioneer Municipal High Income Advantage Fund by 11.9% during the second quarter. Almitas Capital LLC now owns 91,192 shares of the company’s stock worth $749,000 after buying an additional 9,700 shares during the period.

Pioneer Municipal High Income Advantage Fund Stock Performance

MAV stock opened at $8.50 on Friday. The company’s fifty day simple moving average is $8.62 and its 200 day simple moving average is $8.65. Pioneer Municipal High Income Advantage Fund, Inc. has a 12-month low of $7.77 and a 12-month high of $9.10.

Pioneer Municipal High Income Advantage Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, January 31st. Investors 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 annualized dividend and a dividend yield of 4.59%.

About Pioneer Municipal High Income Advantage Fund

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.