Sit Investment Associates Inc. bought a new stake in Pioneer High Income Trust (NYSE:PHT) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 15,078 shares of the closed-end fund’s stock, valued at approximately $151,000.

A number of other hedge funds also recently bought and sold shares of the business. Sheaff Brock Investment Advisors LLC lifted its stake in Pioneer High Income Trust by 2.8% in 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 buying an additional 500 shares during the last quarter. Windsor Capital Management LLC lifted its stake in Pioneer High Income Trust by 2.1% in the second quarter. Windsor Capital Management LLC now owns 48,033 shares of the closed-end fund’s stock valued at $475,000 after buying an additional 997 shares during the last quarter. Lincoln National Corp lifted its stake in Pioneer High Income Trust by 7.3% in the second quarter. Lincoln National Corp now owns 15,552 shares of the closed-end fund’s stock valued at $154,000 after buying an additional 1,064 shares during the last quarter. Royal Bank of Canada lifted its stake in Pioneer High Income Trust by 10.2% in the second quarter. Royal Bank of Canada now owns 31,845 shares of the closed-end fund’s stock valued at $315,000 after buying an additional 2,955 shares during the last quarter. Finally, Citigroup Inc. lifted its stake in Pioneer High Income Trust by 4.1% in the second quarter. Citigroup Inc. now owns 92,909 shares of the closed-end fund’s stock valued at $919,000 after buying an additional 3,625 shares during the last quarter.

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Shares of Pioneer High Income Trust (NYSE PHT) opened at 10.01 on Thursday. Pioneer High Income Trust has a 1-year low of $9.36 and a 1-year high of $10.54. The firm has a 50-day moving average price of $9.97 and a 200-day moving average price of $9.94.

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Wednesday, October 18th will be paid a $0.065 dividend. This represents a $0.78 dividend on an annualized basis and a yield of 7.79%. The ex-dividend date is Tuesday, October 17th.

Pioneer High Income Trust Company 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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