Robinson Capital Management LLC Buys 38,314 Shares of Pioneer Municipal High Income Trust (NYSE:MHI)

Robinson Capital Management LLC raised its position in Pioneer Municipal High Income Trust (NYSE:MHI) by 6.7% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 612,877 shares of the investment management company’s stock after purchasing an additional 38,314 shares during the period. Pioneer Municipal High Income Trust makes up about 2.3% of Robinson Capital Management LLC’s investment portfolio, making the stock its 14th biggest holding. Robinson Capital Management LLC’s holdings in Pioneer Municipal High Income Trust were worth $7,318,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Wells Fargo & Company MN raised its position in shares of Pioneer Municipal High Income Trust by 4.9% in the third quarter. Wells Fargo & Company MN now owns 353,056 shares of the investment management company’s stock valued at $3,926,000 after purchasing an additional 16,376 shares during the period. Capital Investment Advisors LLC raised its stake in Pioneer Municipal High Income Trust by 14.2% in the 4th quarter. Capital Investment Advisors LLC now owns 205,289 shares of the investment management company’s stock valued at $2,250,000 after acquiring an additional 25,604 shares during the period. Cliftonlarsonallen Wealth Advisors LLC raised its stake in Pioneer Municipal High Income Trust by 574.0% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 180,012 shares of the investment management company’s stock valued at $1,973,000 after acquiring an additional 153,305 shares during the period. Vivaldi Capital Management LLC raised its stake in Pioneer Municipal High Income Trust by 16.5% in the 4th quarter. Vivaldi Capital Management LLC now owns 151,422 shares of the investment management company’s stock valued at $1,660,000 after acquiring an additional 21,412 shares during the period. Finally, Advisors Asset Management Inc. increased its position in shares of Pioneer Municipal High Income Trust by 32.6% during the third quarter. Advisors Asset Management Inc. now owns 97,923 shares of the investment management company’s stock valued at $1,089,000 after buying an additional 24,087 shares during the period.

Shares of MHI traded up $0.02 during midday trading on Wednesday, hitting $11.92. 27,735 shares of the company traded hands, compared to its average volume of 92,987. Pioneer Municipal High Income Trust has a one year low of $10.61 and a one year high of $12.07.

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Wednesday, April 17th will be paid a $0.0525 dividend. This represents a $0.63 annualized dividend and a yield of 5.29%. The ex-dividend date of this dividend is Tuesday, April 16th.

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Pioneer Municipal High Income Trust Company Profile

Pioneer Municipal High Income Trust is a closed-ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in municipal securities. It seeks to invest in securities across the credit rating and maturity spectrum.

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Institutional Ownership by Quarter for Pioneer Municipal High Income Trust (NYSE:MHI)

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