BlackRock Enhanced Government Fund (NYSE:EGF) Stock Price Down 0.1%

BlackRock Enhanced Government Fund Inc (NYSE:EGF)’s share price was down 0.1% on Wednesday . The stock traded as low as $13.04 and last traded at $13.05, approximately 3,669 shares changed hands during mid-day trading. A decline of 61% from the average daily volume of 9,339 shares. The stock had previously closed at $13.06.

The firm has a 50-day moving average of $12.99 and a two-hundred day moving average of $13.02.

The firm also recently disclosed a monthly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were given a $0.041 dividend. The ex-dividend date was Thursday, November 14th. This represents a $0.49 annualized dividend and a yield of 3.77%.

A hedge fund recently bought a new stake in BlackRock Enhanced Government Fund stock. Karpus Management Inc. purchased a new position in shares of BlackRock Enhanced Government Fund Inc (NYSE:EGF) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 34,227 shares of the company’s stock, valued at approximately $441,000.

About BlackRock Enhanced Government Fund (NYSE:EGF)

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.

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