Cetera Investment Advisers cut its stake in shares of Pioneer High Income Trust (NYSE:PHT) by 11.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 89,432 shares of the closed-end fund’s stock after selling 11,492 shares during the quarter. Cetera Investment Advisers owned approximately 0.31% of Pioneer High Income Trust worth $895,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of PHT. Citadel Advisors LLC bought a new position in shares of Pioneer High Income Trust during the third quarter valued at $128,000. Sit Investment Associates Inc. bought a new position in shares of Pioneer High Income Trust during the third quarter valued at $151,000. Lincoln National Corp lifted its holdings in shares of Pioneer High Income Trust by 7.3% during the second quarter. Lincoln National Corp now owns 15,552 shares of the closed-end fund’s stock valued at $154,000 after acquiring an additional 1,064 shares during the period. Sheaff Brock Investment Advisors LLC lifted its holdings in shares of Pioneer High Income Trust by 2.8% during the second quarter. Sheaff Brock Investment Advisors LLC now owns 18,326 shares of the closed-end fund’s stock valued at $181,000 after acquiring an additional 500 shares during the period. Finally, IFC Holdings Incorporated FL lifted its holdings in shares of Pioneer High Income Trust by 60.3% during the second quarter. IFC Holdings Incorporated FL now owns 22,597 shares of the closed-end fund’s stock valued at $224,000 after acquiring an additional 8,497 shares during the period.

Pioneer High Income Trust (PHT) traded up $0.01 during trading on Wednesday, hitting $9.77. The company had a trading volume of 112,800 shares, compared to its average volume of 117,136. Pioneer High Income Trust has a fifty-two week low of $9.47 and a fifty-two week high of $10.54.

The firm also recently declared a monthly dividend, which will be paid on Monday, December 18th. Investors of record on Thursday, December 14th will be issued a $0.065 dividend. The ex-dividend date of this dividend is Wednesday, December 13th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.98%.

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Pioneer High Income Trust Profile

Pioneer High Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to seek a high level of current income and to seek capital appreciation. The Trust seeks to invest in corporate bonds and notes, senior secured floating rate loan interests, convertible bonds and notes, preferred stocks, common stocks, sovereign debt obligations, collateralized mortgage obligations, asset-backed securities and convertible preferred stocks, among others.

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

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