After starting an advertiser boycott of Fox News Channel host Laura Ingraham, gun-control activist David Hogg has set his sights on two new targets — iconic gun manufacturer Smith & Wesson and its capital backers.

In a series of tweets Tuesday afternoon, Mr. Hogg sicced his 764,000 Twitter followers on five investment companies, singling out two most of all — Blackrock and Vanguard Group.

[email protected] and @Vanguard_Group are two of the biggest investors in gun manufacturers; if you use them, feel free to let them know,” he tweeted with a winking emoji.

In one follow-up tweet he used the hashtags #BoycottBlackrock and #BoycottVanguard.

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