TD Ameritrade's Investor Movement Index Out For April

TD Ameritrade Holding Corp. (NYSE: AMTD) just released its April Investor Movement Index (IMX).

Source: TD Ameritrade

The index dipped to a new two-year low of 4.63 in April as TD Ameritrade clients lowered their exposure to U.S. equity markets.

According to the brokerage firm, the IMX “is a proprietary, behavior-based index created by TD Ameritrade designed to indicate the sentiment of individual investors’ portfolios. It measures what investors are actually doing, and how they are actually positioned in the markets.”

Increased buying activity was seen in shares of Apple Inc. (NASDAQ: AAPL), Starbucks Corporation (NASDAQ: SBUX) and AT&T Inc. (NYSE: T) during April.

Walt Disney Co (NYSE: DIS), Alcoa Inc (NYSE: AA) and Visa Inc (NYSE: V) were also highlighted as popular buys among dividend-paying stocks at the firm.