Jesus H Christ. Vanguards PR team appears to be folding this morning, "holding meetings with gunmakers". I'm going to figure out which contact choice to use to send them a harshly worded missive regarding what I, as a stockholder, think of them getting involved here. They should either have said "we don't mix investing and politics", or kept their mouth shut.
The stupid thing is, that Hogg's handlers don't seem to understand, is that a large part of "gun holdings" are in passive index funds. Are they going to shut down the entire DOW? These two companies are only the "largest holders" of gun stocks because they are the largest investment companies. Every equity management company out there "holds gun stocks" because they all carry index funds.
I'm very disappointed in Vanguard's kneejerk response, especially after what their CEO said not that long ago. "Kneejerk" is not a word I want to associate with the firm that handles my money.