TD Ameritrade's Investment Movement Index Rises In December

TD Ameritrade (NYSE: AMTD) released its monthly Investment Movement Index on Monday which tracks the buying and selling habits of the firm’s more than six million funded accounts.

The index inched slightly higher in December to 5.12, up from 5.11 in November.

TD Ameritrade customers bought shares of Apple (NASDAQ: AAPL) which was the most widely held stock by the firm’s clients. Investors also bought shares of GoPro (NASDAQ: GPRO), Twitter (NYSE: TWTR), Kinder Morgan (NYSE: KMI), Southwest Airlines (NYSE: LUV) and Transocean. (NYSE: RIG)

Investors were also acquiring dividend-yielding AT&T (NYSE: T) and Verizon (NYSE: VZ) after shares traded at or near yearly lows.

Investors took profits from financial firms including Bank of America (NYSE: BAC) and Citigroup. Technology names like Facebook (NASDAQ: FB), Yahoo! (NASDAQ: YHOO) and Cisco (NASDAQ: CSCO) were net sellers during December.

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