BlackRock Enhanced Government Fund (NYSE:EGF) Shares Down 0.2%

Shares of BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) traded down 0.2% during trading on Wednesday . The company traded as low as $9.07 and last traded at $9.11. 5,347 shares traded hands during trading, a decline of 37% from the average session volume of 8,480 shares. The stock had previously closed at $9.13.

BlackRock Enhanced Government Fund Trading Up 0.3 %

The business has a fifty day moving average price of $9.38 and a 200 day moving average price of $9.55.

BlackRock Enhanced Government Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th will be given a dividend of $0.041 per share. This represents a $0.49 dividend on an annualized basis and a dividend yield of 5.39%. The ex-dividend date of this dividend is Friday, April 12th.

Institutional Trading of BlackRock Enhanced Government Fund

A hedge fund recently bought a new stake in BlackRock Enhanced Government Fund stock. Accuvest Global Advisors bought a new position in shares of BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 11,673 shares of the company’s stock, valued at approximately $114,000.

About BlackRock Enhanced Government Fund

BlackRock Enhanced Government Fund, Inc is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It primarily invests in a portfolio of United States government and government agency securities, including the U.S.