OMAHA, Nebraska — TD Ameritrade investors took advantage of the ups and downs of the market in January to buy more stocks.
TD Ameritrade said Monday that its Investor Movement index increased to a new all-time high of 5.66 in January from December's 5.62.
The six-point index is based on what TD Ameritrade Holding Corp.'s 6 million clients were buying and selling. Inactive accounts are excluded.
TD Ameritrade's Chief Strategist JJ Kinahan says the online brokerage's clients acting smart when they bought in January by buying after stocks declined or buying dividend stocks.
TD Ameritrade clients were net buyers of AT&T, General Motors, Google, Amazon and Apple.