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.
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#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 worlds 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 worlds 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), Dicks 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 ...
Little fascist will soon move to the Israel BDS ... you know, that leftist Nazism which slyly applies Hitler’s mandate of punishing people doing business with jews since jews are ties to Israel
Well, there is Tide and Trojans.
LMAO!!
Barnacles can be advantageous to the whale. This POS is nothing more than a pimple on the ass of time; and an oxygen thief at that.
Shut Up, Wesley!
If he thinks this is going to make a difference, I’d like to SEE the portfolios of these ‘children.’
They must be really good about investing and saving and planning for their future while still in High School!
*SMIRK*
Yes, I WAS the High School NERD who invested in the Commodities Market (Coffee, PMs, Pork Bellies, Orange Juice Futures) with her Allowance Money versus buying nail polish and Tiger Beat Magazine. We had to use a TELEPHONE and a NEWSPAPER and a PENCIL! The Horror! The Horror!
I seriously doubt these kids are doing the same...
Hogg followers have no money to invest.
as soon as they get $10 they buy dope
The kid’s fifteen minutes are over, but he’s trying desperately to stretch it.
RE: Hogg followers have no money to invest.
as soon as they get $10 they buy dope
Well if so, this call to his Twitter followers to boycott Vanguard or Blackrock is pretty much useless.
I found a picture of some other 18 year olds:
He thinks people who deal with those companies give a damn what he thinks or says?
The LBJ got a Silver Star of the binky generation?
Whooooooooo? Little hitler? Hard lesson for a little boy cypher minded social justice warrior. People stop listening to the tangential argument vs. whom he actually .... is.
When David was a Soros toy
He lived through Parkland and it filled him full of joy
So wont you squeal like a pig little David
Squeal like a pig
Squeal like a pig
Hallelujah
Squeal like a pig
Funny, that is what my accountant tells me at tax time.
Google the Vice Fund.
Who the hell does he think he is.
Hogg boy is touting a book he and his 14 yr old sister wrote called ‘Never Again’. The title lifted from the Holocaust movement. Remarkably these 2 teenagers in 2 months wrote and have lined up publishers for a June 5 release date. Proceeds from the book according to his tweet “Lauren and I will be using the money made from the book to help heal the community”. Going thru his tweets he is a horrible speller and writer, wonder which Soros ghost writer worked for 2 months to get a book out this fast.
Who??
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