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Question of the Day
OMAHA, Neb. (AP) - Investors who buy stocks with TD Ameritrade remained heavily invested and active in March.
TD Ameritrade said Monday that its Investor Movement index increased to another all-time high of 5.87 in March from February’s 5.74.
TD Ameritrade’s Nicole Sherrod says it was a busy month with many investors taking profits early after the S&P; 500 hit new records, and then reinvesting later in March.
The six-point index is based on what TD Ameritrade Holding Corp.’s 6 million clients were buying and selling. Inactive accounts are excluded.
Technology and health care stocks were popular with TD Ameritrade investors, especially Gilead Sciences and Facebook.
Dividend-paying stocks, such as Kinder Morgan Inc. and Verizon, were also popular buys for TD Ameritrade investors.
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