Blackrock Muniyield Quality Fund Ii, Inc. (MQT): Michael J Castellano , director of Blackrock Muniyield Quality Fund Ii, Inc. purchased 800 shares on May 4, 2016. The Insider buying transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were purchased at $14.38 per share for a total value of $11,506.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 16, 2016, Jerrold B Harris (director) purchased 5,828 shares at $13.67 per share price.
Shares of Blackrock Muniyield Quality Fund II (MQT) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.01 points or -0.07% at $14.33 with 41,170 shares getting traded. Post opening the session at $14.36, the shares hit an intraday low of $14.31 and an intraday high of $14.44 and the price vacillated in this range throughout the day. The company has a market cap of $321 M and the number of outstanding shares has been calculated to be 2,23,67,000 shares. The 52-week high of Blackrock Muniyield Quality Fund II is $14.1794 and the 52-week low is $12.26.
BlackRock MuniYield Quality Fund II Inc. (MQT) is a non-diversified closed-end fund. The Fund’s investment objective is to provide shareholders with high level of current income exempt from federal income taxes. The Fund seeks to achieve its investment objective by investing at least 80% of its assets in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax). The Fund invests in municipal bonds which are in the three highest quality rating categories (A or better) or if unrated of comparable quality at the time of investment. The Fund invests primarily in long-term municipal bonds with maturities of more than 10 years at the time of investment. The Fund may invest directly in such securities or synthetically through the use of derivatives. The Fund invests in sectors including transportation utilities health education and housing among others. BlackRock Advisors LLC is its investment advisor.