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Are BlackRock and Vanguard Too Big and Powerful?
Money For the Rest of Us
Vanguard and Black Rock Own 30 Percent of the Shares of a Gun Manufacturer
Individual investors have no ownership rights in the underlying securities those funds invest in. Those ownership rights belong to vanguard or black rock. If you go through and gouge top shareholders for any stock that trades in the us, invariably you'll find vanguard and black rock among the top share holders. Combined v Vanguard and black rock control 30 percent of the shares of one of the largest gun manufacturers in the us.
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