Stephens Inc. AR acquired a new stake in shares of Pioneer High Income Trust (NYSE:PHT) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 17,866 shares of the closed-end fund’s stock, valued at approximately $166,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Wells Fargo & Company MN increased its position in shares of Pioneer High Income Trust by 355.4% in the 1st quarter. Wells Fargo & Company MN now owns 386,869 shares of the closed-end fund’s stock valued at $3,633,000 after acquiring an additional 301,922 shares during the period. BlackRock Inc. acquired a new position in shares of Pioneer High Income Trust in the 2nd quarter valued at $1,130,000. UBS Group AG increased its position in shares of Pioneer High Income Trust by 84.2% in the 1st quarter. UBS Group AG now owns 229,137 shares of the closed-end fund’s stock valued at $2,152,000 after acquiring an additional 104,713 shares during the period. LPL Financial LLC acquired a new position in shares of Pioneer High Income Trust in the 1st quarter valued at $279,000. Finally, SG Americas Securities LLC increased its position in shares of Pioneer High Income Trust by 39.9% in the 1st quarter. SG Americas Securities LLC now owns 41,675 shares of the closed-end fund’s stock valued at $391,000 after acquiring an additional 11,888 shares during the period.

NYSE PHT opened at $9.29 on Thursday. Pioneer High Income Trust has a 1 year low of $9.14 and a 1 year high of $10.12.

The company also recently announced a monthly dividend, which will be paid on Friday, September 28th. Investors of record on Tuesday, September 18th will be given a $0.065 dividend. This represents a $0.78 annualized dividend and a dividend yield of 8.40%. The ex-dividend date is Monday, September 17th.

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.

Further Reading: How are Outstanding Shares Different from Authorized Shares?

Want to see what other hedge funds are holding PHT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pioneer High Income Trust (NYSE:PHT).

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

Receive News & Ratings for Pioneer High Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pioneer High Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.