@BP2137Yes I have referenced something particular about BVS...

@BP2137

Yes I have referenced something particular about BVS group of companies.

IMO, Blackrock, Vanguard and State Street are all separate investment companies with SAME objectives because they are all holding the shares of same companies in the World, including Apple, Google, Microsoft, Meta (Facebook-Instagram), all banks, all big instos as I showed on my previous post, including the maker of Covid vaccine Pfizer,... the list is too long.

They are not competing with each other in anywhere either. There are other funds like Fidelity, VanEck, etc of course but I did not put them in same basket with BVS. That means I am talking about only these three companies.

I am not the only one who put them together either. See here;
Financial Times:
Elon Musk has strong views on a lot of topics, and passive investing is no exception. But the index fund industry’s “Big Three” — BlackRock, Vanguard and State Street — now own more of his company than Musk himself. BlackRock, Vanguard and State Street have a combined 13.58% stake in the US electric-car maker.

Anyway, let's not talk about this issue because it's totally a separate thing than our topic.

What matter for us is this; BVS group most probably will act together with ALB but can't change the result.