Robinson Capital Management LLC grew its holdings in Pioneer Municipal High Income Trust (NYSE:MHI) by 41.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 489,009 shares of the investment management company’s stock after purchasing an additional 142,470 shares during the quarter. Pioneer Municipal High Income Trust comprises approximately 2.1% of Robinson Capital Management LLC’s portfolio, making the stock its 21st largest holding. Robinson Capital Management LLC’s holdings in Pioneer Municipal High Income Trust were worth $5,907,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. FNY Investment Advisers LLC purchased a new position in Pioneer Municipal High Income Trust in the 4th quarter worth approximately $73,000. Janney Montgomery Scott LLC purchased a new position in Pioneer Municipal High Income Trust in the 4th quarter worth approximately $125,000. StrategIQ Financial Group LLC lifted its stake in Pioneer Municipal High Income Trust by 18.5% in the 4th quarter. StrategIQ Financial Group LLC now owns 16,004 shares of the investment management company’s stock worth $193,000 after purchasing an additional 2,504 shares in the last quarter. Samalin Investment Counsel LLC purchased a new position in Pioneer Municipal High Income Trust in the 4th quarter worth approximately $325,000. Finally, Sheaff Brock Investment Advisors LLC lifted its stake in Pioneer Municipal High Income Trust by 6.7% in the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 31,900 shares of the investment management company’s stock worth $397,000 after purchasing an additional 2,000 shares in the last quarter.

MHI traded down $0.01 during trading on Friday, reaching $12.41. The company’s stock had a trading volume of 65,785 shares, compared to its average volume of 59,467. The firm has a fifty day simple moving average of $12.26 and a two-hundred day simple moving average of $12.29. Pioneer Municipal High Income Trust has a 1 year low of $11.31 and a 1 year high of $12.78.

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Wednesday, February 19th will be paid a $0.045 dividend. This represents a $0.54 dividend on an annualized basis and a yield of 4.35%. The ex-dividend date is Tuesday, February 18th.

Pioneer Municipal High Income Trust 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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