OMAHA, Neb. (AP) - TD Ameritrade clients sought out safer options in February while the U.S. trade dispute with China continues to linger.
The online brokerage said its Investor Movement Index increased in February to 4.59 from January’s 4.28. It was the first increase in five months.
The index based on what investors are buying and selling in their TD Ameritrade accounts and how exposed they are to equities.
TD Ameritrade’s JJ Kinahan says the brokerage’s clients favored options like exchange-traded funds and some fixed income products over individual stocks.
But some of the most popular stocks clients did buy in the month included Amazon, Ford, Tesla, Altria and CVS Health.
The most commonly sold stocks included Facebook, Alibaba, Bank of America and Chipoltle.
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