Pioneer Municipal High Inc (NYSE:MAV) Shares Acquired by Robinson Capital Management LLC

Robinson Capital Management LLC boosted its holdings in shares of Pioneer Municipal High Inc (NYSE:MAV) by 1.6% in the 2nd quarter, Holdings Channel reports. The firm owned 651,350 shares of the company’s stock after buying an additional 10,000 shares during the period. Pioneer Municipal High makes up approximately 2.3% of Robinson Capital Management LLC’s portfolio, making the stock its 16th largest holding. Robinson Capital Management LLC’s holdings in Pioneer Municipal High were worth $7,009,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Ackerman Capital Advisors LLC bought a new stake in Pioneer Municipal High in the 2nd quarter worth approximately $594,000. Capital Investment Advisors LLC lifted its position in Pioneer Municipal High by 2.6% in the 2nd quarter. Capital Investment Advisors LLC now owns 91,220 shares of the company’s stock worth $981,000 after buying an additional 2,316 shares during the last quarter. 6 Meridian bought a new stake in Pioneer Municipal High in the 2nd quarter worth approximately $236,000. Thomas J. Herzfeld Advisors Inc. lifted its position in Pioneer Municipal High by 6,185.7% in the 1st quarter. Thomas J. Herzfeld Advisors Inc. now owns 6,600 shares of the company’s stock worth $71,000 after buying an additional 6,495 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its position in Pioneer Municipal High by 30.4% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 149,016 shares of the company’s stock worth $1,603,000 after buying an additional 34,764 shares during the last quarter.

NYSE:MAV traded up $0.05 during mid-day trading on Friday, reaching $11.05. The stock had a trading volume of 1,207 shares, compared to its average volume of 92,378. The company has a 50 day moving average price of $10.75. Pioneer Municipal High Inc has a one year low of $10.00 and a one year high of $11.29.

The company also recently announced a monthly dividend, which was paid on Wednesday, July 31st. Investors of record on Tuesday, July 16th were given a $0.038 dividend. The ex-dividend date was Monday, July 15th. This represents a $0.46 dividend on an annualized basis and a yield of 4.13%.

Pioneer Municipal High Profile

Pioneer Municipal High Income Advantage Trust 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.

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Institutional Ownership by Quarter for Pioneer Municipal High (NYSE:MAV)

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