OMAHA, Nebraska — Online brokerage TD Ameritrade says its investors pulled back from equities a bit in August as global uncertainty intensified and the stock market set records.
TD Ameritrade said Monday that its Investor Movement Index slipped to 5.68 in August from July's 5.85, but it remained near the top of the six-point scale.
The unrest in the Middle East and Ukraine along with the Ebola outbreak in West Africa added to uncertainty.
TD Ameritrade's Nicole Sherrod says investors were also selling off stocks that had posted gains and shifting into others.
Tekmira Pharmacueticals, which is developing an Ebola vaccine, was a popular investment.
But TD Ameritrade investors were net sellers overall, and tech stocks that have recorded gains this year were popular sells, including: Twitter, Intel, Microsoft and Advanced Micro Devices.