BlackRock Enhanced Government Fund (NYSEARCA:BTK) Trading 0.1% Higher – Still a Buy?

BlackRock Enhanced Government Fund, Inc. (NYSEARCA:BTK) traded up 0.1% during mid-day trading on Wednesday . The company traded as high as $9.77 and last traded at $9.7650. 1,831 shares changed hands during trading, a decline of 51% from the average session volume of 3,738 shares. The stock had previously closed at $9.76.

BlackRock Enhanced Government Fund Trading Up 0.1%

The firm’s 50-day moving average price is $9.76 and its 200 day moving average price is $9.77.

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. government mortgage-backed securities. The fund invests in non U.S. government debt securities of foreign or domestic issuers, including commercial paper, notes, corporate bonds, debentures, asset-backed securities, mortgage-backed securities, corporate loans, sovereign debt securities, and money market securities.