Blackrock Inc., which manages $6 trillion in assets, has become one of the largest stakeholders in gun manufacturers such as Sturm Ruger & Co., American Outdoor Brands Corp. and Vista Outdoor Inc. through indirect investments. The money is placed in index funds, so Blackrock cannot sell shares of individual companies within the index. Its fund clients invest in indexes that might contain companies like Ruger.

Source: Los Angeles Times February 23, 2018 23:03 UTC