Vanguard response
We will not be commenting on individual companies or holdings. It is our desire that policymakers come to a swift resolution to ensure the safety and security of the children who have been separated from their families. While defense companies make up a very modest portion of the Vanguard funds’ portfolios, and are largely held in index-tracking funds, we understand that some investors may wish to avoid certain companies altogether. Investors looking to screen Vanguard funds for specific holdings can use the search tool on Vanguard’s website. We also offer Vanguard FTSE Social Index Fund, which screens companies based on certain social, human rights, and environmental criteria.