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Home / US / After Laura Ingraham calls Parkland activist David Hogg New Boycott against Black Rock and Vanguard

After Laura Ingraham calls Parkland activist David Hogg New Boycott against Black Rock and Vanguard



David Hogg, candidate for Parkland students and gun laws, has called on investors to boycott BlackRock Inc. and The Vanguard Group, two of the world's largest investment management companies, for their involvement in weapons companies. [196590048] and [Vanguard] are two of the largest investors in weapons producers; If you use them, you're welcome to inform them, "Hogg said Tuesday in a series of tweets with the hashtags #BoycottVanguard and #BoycottBlackRock.

  David Hogg speaks to David Hogg during the march for our life rally in Washington, DC, March 24. Noam Galai / WireImage

Hogg is among the most prominent of a group of students who, following the February 14 shootings at Marjory Stoneman's Douglas High School in Parkland, Florida, killing 17 people, they launched a nationwide weapons legislation reform campaign

BlackRock and Vanguard are two of the largest stock market managers trading funds and are the largest owners of publicly traded weapon manufacturers, including Storm Ruger and American Outdoor Brands. [19659007] Hogg led a boycott campaign against Fox News presenter Laura Ingraham after posting him on Twitter about his college admission n mocked what led to several companies cutting ties to their show, [Ing. Ing.] The Ingraham Angle. He also called for boycotts by companies affiliated with the National Rifle Association's arms law lobby group, such as Hertz and FedEx.

BlackRock has said it will create new funds for investors who want to avoid stocks in arms producers. It also said it will hold talks with arms manufacturers about their businesses.

It declined to comment on Hogg's tweets.

A Vanguard spokesman told CNN that most Vanguard funds have "no weapons maker" and that 359 of its 388 funds do not invest directly in Storm Ruger, American Outdoor Brands or Vista Outdoor.

It was also said that investors can put money into a social fund that excludes arms manufacturers.

"It is important that Vanguard takes action and meets with the leaders of the arms manufacturers and traders," it said in a statement. "We want to know how they mitigate the risks of their products and how they help prevent such tragedies from occurring again."


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