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David Hogg tells Twitter followers to boycott BlackRock and Vanguard
Yahoo Finance ^ | 04/17/2018 | Melody HahmSenior Writer,Yahoo Finance

Posted on 04/18/2018 10:38:41 AM PDT by SeekAndFind

David Hogg, a 17-year-old high school senior and survivor of the mass shooting at Marjory Stoneman Douglas High School, is now an outspoken gun law activist. He took to Twitter on Tuesday to encourage a boycott of BlackRock (BLK) and The Vanguard Group.

_______________________________________________

#BoycottVanguard #BoycottBlackrock

— David Hogg (@davidhogg111) April 17, 2018

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BlackRock, Invesco (IVZ) and Vanguard are the top three institutional holders of American Outdoor Brands (AOBC), the parent company of Smith & Wesson Corp., one of the world’s largest gun manufacturers. BlackRock and Vanguard are also the largest holders of gunmaker Sturm Ruger (RGR).

Many of these funds are passively managed, which means companies like American Outdoor Brands and Sturm Ruger are in their portfolios because they are part of major stock market indexes.

Earlier this month, BlackRock, the world’s largest asset manager, announced that it would offer two new exchange-traded funds and new index-tracking products for pensions and 401(k) plans that exclude stocks of gunmakers and large gun retailers. This was in response to the mounting pressure from customers urging Wall Street to take a stand on the gun debate.

The new funds will not invest in American Outdoor Brands, Sturm Ruger, Walmart (WMT), Dick’s Sporting Goods (DKS), Kroger (KR), and Vista Outdoor (VSTO), a BlackRock spokesperson told CNBC.

Vanguard offers the FTSE Social Index Fund, which screen companies based on social and environmental criteria, excluding gun manufacturers.

But, Hogg is not satisfied with these auxiliary options and is encouraging his 764,000 followers to boycott holding groups like Vanguard and BlackRock.

In a statement to Yahoo Finance, a Vanguard spokesperson said the firm “shares many individuals’ concerns about public safety and firearm access and hopes that policymakers take appropriate action to protect Americans from gun violence. ”

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: 1moretime; blackrock; boycott; camerahogg; davidhogg; oink; piggy; squeal; vanguard
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To: SeekAndFind

21 posted on 04/18/2018 10:49:21 AM PDT by COUNTrecount (If only Harvey Weinstein's bathrobe could talk.)
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To: Army Air Corps

His backers will toss him aside like a used condom once it is seen he does absolutely nothing for their cause................


22 posted on 04/18/2018 10:50:06 AM PDT by Red Badger (Remember all the great work Obama did for the black community?.............. Me neither.)
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To: SeekAndFind

He is psychotic and really IS Hitler-like.


23 posted on 04/18/2018 10:50:56 AM PDT by madison10 (Pray for President Trump.)
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To: SeekAndFind

I’m boycotting Hogg and his fellow twits. I’ll continue to do business with Vanguard. My advice to others: Please don’t feed the Hogg.


24 posted on 04/18/2018 10:51:02 AM PDT by windsorknot
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To: Army Air Corps

The SEC might want to talk with this ignoramus, seeing that calling for a ‘boycott’ of these investment companies can or could cause their financial worth to be disturbed....................


25 posted on 04/18/2018 10:51:19 AM PDT by Red Badger (Remember all the great work Obama did for the black community?.............. Me neither.)
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To: Responsibility2nd

My 401K is invested partly thru Vanguard.

The SEC should haul his ignorant stupid ass in.........................


26 posted on 04/18/2018 10:53:02 AM PDT by Red Badger (Remember all the great work Obama did for the black community?.............. Me neither.)
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To: BBell

The lefts’ new Cindy Sheehan.


27 posted on 04/18/2018 10:53:06 AM PDT by yesthatjallen
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To: no one in particular

Dunno about the rest of y’all, but I’m about damned sick of seeing this little maggot’s name on my articles list.


28 posted on 04/18/2018 10:53:25 AM PDT by tomkat
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To: windsorknot

RE: Twitter followers

There are people who have their money in Vanguard and Invesco who FOLLOW this teenie twerp on Twitter?

Who in their right mind who is working and has a 401K in these giant funds wastes his computer time on this boy?


29 posted on 04/18/2018 10:54:43 AM PDT by SeekAndFind
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To: SeekAndFind

pigs get fed
hoggs get slaughtered


30 posted on 04/18/2018 10:55:46 AM PDT by Palio di Siena
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To: SeekAndFind

Obnoxious little dork reminds me of a character played by Billy Mumy on The Twilight Zone.


31 posted on 04/18/2018 10:55:47 AM PDT by VR-21
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To: SeekAndFind

anna putnam jr
salem circle girls


32 posted on 04/18/2018 10:57:29 AM PDT by Palio di Siena
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To: MplsSteve
hoggie survivor
33 posted on 04/18/2018 10:58:55 AM PDT by FrankR (An armed society is a polite society.)
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To: Red Badger

“His ‘twitter followers’ could only ‘boycott’ Cheerios and McDonalds.....................”

or Fruit Loops


34 posted on 04/18/2018 11:01:27 AM PDT by Stormdog (A rifle transforms one from subject to Citizen)
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To: FrankR

His face is shaped like an inverted triangle. If you squint, you can see the ‘pizza’ pedo logo.


35 posted on 04/18/2018 11:01:54 AM PDT by RinaseaofDs
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To: SeekAndFind

Anyone who takes advice from that spoiled brat loser is most likely too stupid to remember how to breathe, never mind manage a portfolio. I don’t think Vanguard and Blackrock have too much to worry about.


36 posted on 04/18/2018 11:02:21 AM PDT by WayneS (An appeaser is one who feeds a crocodile, hoping it will eat him last. - Winston Churchill)
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To: SeekAndFind

Jerk is on a total power trip.


37 posted on 04/18/2018 11:04:34 AM PDT by Fido969 (In!)
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To: SeekAndFind

Grow a man’s jaw, kid. And, while you’re at it, get some ear lobes.


38 posted on 04/18/2018 11:05:24 AM PDT by House Atreides (BOYCOTT the NFL, its products and players 100% - PERMANENTLY)
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To: BBell

Boycott Blackrock and Vanguard?

That’s kind of like “boycotting” Alcoa or the Parker Drilling Company. What do you say? “Honey! When you go to the Piggly-Wiggly for groceries, do forego those Vanguard Potato Chips and the Blackrock Merlot. Oh, and we really ought to pull our money out of Bank of Ireland and put it somewhere more responsible. Is there a Bank of Somalia?


39 posted on 04/18/2018 11:06:51 AM PDT by Dr. Sivana (There is no salvation in politics.)
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To: SeekAndFind

He’s now on minute 17...


40 posted on 04/18/2018 11:08:39 AM PDT by Antoninus ("In Washington, swamp drain you.")
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