Pioneer High Income Trust (PHT) Shares Sold by Ladenburg Thalmann Financial Services Inc.

Ladenburg Thalmann Financial Services Inc. reduced its stake in shares of Pioneer High Income Trust (NYSE:PHT) by 25.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,504 shares of the closed-end fund’s stock after selling 6,910 shares during the quarter. Ladenburg Thalmann Financial Services Inc. owned approximately 0.07% of Pioneer High Income Trust worth $199,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Citadel Advisors LLC bought a new stake in shares of Pioneer High Income Trust during the 3rd quarter valued at $128,000. Susquehanna International Group LLP bought a new stake in shares of Pioneer High Income Trust during the 3rd quarter valued at $192,000. Wolverine Asset Management LLC bought a new stake in shares of Pioneer High Income Trust during the 4th quarter valued at $256,000. SG Americas Securities LLC bought a new stake in shares of Pioneer High Income Trust during the 4th quarter valued at $289,000. Finally, Landscape Capital Management L.L.C. boosted its holdings in shares of Pioneer High Income Trust by 68.9% during the 4th quarter. Landscape Capital Management L.L.C. now owns 68,708 shares of the closed-end fund’s stock valued at $667,000 after buying an additional 28,035 shares in the last quarter.

How to Become a New Pot Stock Millionaire

Shares of PHT stock opened at $9.50 on Friday. Pioneer High Income Trust has a 12 month low of $9.29 and a 12 month high of $10.12.

The firm also recently announced a monthly dividend, which will be paid on Monday, April 30th. Stockholders of record on Wednesday, April 18th will be issued a dividend of $0.065 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 8.21%. The ex-dividend date of this dividend is Tuesday, April 17th.

ILLEGAL ACTIVITY WARNING: “Pioneer High Income Trust (PHT) Shares Sold by Ladenburg Thalmann Financial Services Inc.” was originally reported by Week Herald and is the property of of Week Herald. If you are reading this piece on another domain, it was illegally stolen and republished in violation of US and international copyright legislation. The original version of this piece can be accessed at https://weekherald.com/2018/04/14/pioneer-high-income-trust-pht-shares-sold-by-ladenburg-thalmann-financial-services-inc.html.

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.

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.

Leave a Reply