Transform Wealth LLC Makes New Investment in BlackRock Enhanced Government Fund, Inc. (NYSE:EGF)

Transform Wealth LLC purchased a new position in shares of BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,657 shares of the company’s stock, valued at approximately $103,000.

Separately, Fiera Capital Corp lifted its stake in BlackRock Enhanced Government Fund by 3.6% in the third quarter. Fiera Capital Corp now owns 118,486 shares of the company’s stock worth $1,185,000 after acquiring an additional 4,090 shares during the period.

BlackRock Enhanced Government Fund Trading Up 0.3 %

Shares of BlackRock Enhanced Government Fund stock opened at $9.69 on Wednesday. BlackRock Enhanced Government Fund, Inc. has a 1 year low of $9.05 and a 1 year high of $11.51. The firm’s 50-day moving average is $9.86 and its two-hundred day moving average is $9.84.

BlackRock Enhanced Government Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be paid a dividend of $0.041 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.49 dividend on an annualized basis and a dividend yield of 5.08%.

BlackRock Enhanced Government Fund Profile

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.