Kingswood Wealth Advisors LLC Has $495,000 Stock Holdings in Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV)

Kingswood Wealth Advisors LLC raised its stake in shares of Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) by 25.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 58,700 shares of the company’s stock after purchasing an additional 11,975 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Pioneer Municipal High Income Advantage Fund were worth $495,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. XML Financial LLC boosted its stake in Pioneer Municipal High Income Advantage Fund by 9.1% during the 4th quarter. XML Financial LLC now owns 19,100 shares of the company’s stock valued at $161,000 after purchasing an additional 1,600 shares during the last quarter. Park Avenue Securities LLC boosted its stake in Pioneer Municipal High Income Advantage Fund by 4.7% during the 4th quarter. Park Avenue Securities LLC now owns 117,850 shares of the company’s stock valued at $993,000 after purchasing an additional 5,297 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in Pioneer Municipal High Income Advantage Fund during the 3rd quarter valued at about $92,000. Moloney Securities Asset Management LLC acquired a new position in Pioneer Municipal High Income Advantage Fund during the 3rd quarter valued at about $97,000. Finally, Insigneo Advisory Services LLC acquired a new position in Pioneer Municipal High Income Advantage Fund during the 3rd quarter valued at about $203,000.

Pioneer Municipal High Income Advantage Fund Trading Up 0.3 %

MAV stock opened at $8.58 on Friday. Pioneer Municipal High Income Advantage Fund, Inc. has a 52-week low of $7.77 and a 52-week high of $9.10. The business has a 50-day simple moving average of $8.61 and a two-hundred day simple moving average of $8.65.

Pioneer Municipal High Income Advantage Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, January 31st. Shareholders 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 4.55%.

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.