Ytd.exe detected as malware

I was about to open YTD to download a YouTube video but my newly installed AVG Free 2015 (from your official AVG website) perceived ytd.exe file a threat and removed it. It also removed the whole YTD file from my computer. I downloaded again YTD (from official site) and AVG detected MalSign.generic.1CO as potential threat.  I looked for a solution online on how I can use YTD again and followed the instructions from AVG Community and downloaded YTD and re-installed it. Is this an issue with AVG or an issue with YTD? Please reply. Thanks!

Rod, Have a look @ this link (https://support.avg.com/answers?id=906b0000000DLhkAAG).
AVG Guru

Hi
This morning (presumably as a result of definition updates), AVG Free Resident began repeatedly detecting "ytd.exe" as a trojan (malsign.generic.09e). ytd.exe is executed when I open YouTube Downloader. I downloaded the installation files from the correct parent site and prevented any toolbars etc being installed during the installation process. I ran an AVG and MalwareBytes scan on the installation file before installing. Before this morning, "ytd.exe" did not get detected by AVG. It has never been and still isn't detected by MalwareBytes. Is this a false positive?
Hi Rod, we apologize for the inconvenience caused. I kindly request you to have a look at this article http://avgread.me/18WB2dg to exclude the program from the Exception list. We also request you to report false detection in AVG ( http://support.avg.com/SupportArticleView?urlname=How-to-report-a-false-incorrect-detection ). Please feel free to contact us back for further assistance. Thank you.

Rod, Have a look @ this link (https://support.avg.com/answers?id=906b0000000DLhkAAG).
AVG Guru