Chicago Partners Investment Group LLC Lowers Position in Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV)

Chicago Partners Investment Group LLC lessened its position in Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAVGet Rating) by 3.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 47,289 shares of the company’s stock after selling 1,513 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Pioneer Municipal High Income Advantage Fund were worth $409,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Walleye Capital LLC purchased a new position in Pioneer Municipal High Income Advantage Fund during the first quarter valued at $108,000. Robinson Capital Management LLC grew its holdings in Pioneer Municipal High Income Advantage Fund by 154.9% during the first quarter. Robinson Capital Management LLC now owns 371,887 shares of the company’s stock valued at $3,656,000 after purchasing an additional 225,967 shares during the period. Royal Bank of Canada grew its holdings in Pioneer Municipal High Income Advantage Fund by 6.2% during the first quarter. Royal Bank of Canada now owns 47,130 shares of the company’s stock valued at $463,000 after purchasing an additional 2,746 shares during the period. Guggenheim Capital LLC grew its holdings in Pioneer Municipal High Income Advantage Fund by 18.3% during the first quarter. Guggenheim Capital LLC now owns 298,721 shares of the company’s stock valued at $2,937,000 after purchasing an additional 46,254 shares during the period. Finally, Rivernorth Capital Management LLC grew its holdings in Pioneer Municipal High Income Advantage Fund by 11.6% during the first quarter. Rivernorth Capital Management LLC now owns 673,674 shares of the company’s stock valued at $6,622,000 after purchasing an additional 70,012 shares during the period.

Pioneer Municipal High Income Advantage Fund Price Performance

NYSE:MAV opened at $8.52 on Thursday. The stock has a 50-day simple moving average of $8.99 and a two-hundred day simple moving average of $9.19. Pioneer Municipal High Income Advantage Fund, Inc. has a 52-week low of $8.25 and a 52-week high of $12.10.

Pioneer Municipal High Income Advantage Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 30th. Stockholders of record on Tuesday, September 20th will be given a $0.044 dividend. The ex-dividend date is Monday, September 19th. This represents a $0.53 annualized dividend and a dividend yield of 6.20%.

Pioneer Municipal High Income Advantage Fund Company Profile

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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.

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

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