Limited engagement: Top funds backed gunmaker Ruger board despite no talks!

[GOYABEAN]

BOSTON (Reuters) - Funds run by BlackRock Inc <BLK.N> and Vanguard Group backed all directors at gunmaker Sturm Ruger & Co Inc <RGR.N> despite the company's rare rejection of talks with the world's top asset managers, disclosures to regulators on Thursday showed.

The votes by the gunmaker's largest investors stood in contrast to support BlackRock and Vanguard gave to a measure calling on Sturm Ruger to report on the safety of its products, which passed over the board's objections at the company's annual meeting on May 9.
Neither BlackRock nor Vanguard would discuss in detail their votes at the meeting. It drew attention amid a nationwide youth-led gun control movement following a mass shooting at a Florida high school in February that killed 17 people, one in a decades-long series of shootings at U.S. schools, colleges and workplaces.




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[BDinPutnam]

Follow the money.

 

[Catskillkid]

I'm becoming more and more of the opinion that firearms manufacturers should not be publicly traded. Far too much BS from the PC shareholder crowd and funds like this (who I suspect have ties to douche bags like Bloomberg and Soros).

 

[BDinPutnam]

Most are privately held (I think).

 

[Catskillkid]

Most are privately held (I think).

3 Publicly Traded Gun Companies You Can Buy Right Now

Slightly older article but it looks like you may be right. Seems like Smith & Wesson; Sturm, Ruger; and Vista Outdoors (Savage) are publicly traded.

The Freedom Group (owned by Cerberus Capital Management) owns Remington, Marlin, Bushmaster, DPMS, and several others. I couldn't tell if they were publicly traded or not.

Freedom Group