{"id":193,"date":"2021-03-20T00:00:00","date_gmt":"2018-03-29T21:16:07","guid":{"rendered":"http:\/\/demo6.aiwalls.com\/finance2news\/?p=193"},"modified":"2019-03-05T09:48:07","modified_gmt":"2019-03-05T09:48:07","slug":"new-jerseys-pension-sold-remaining-stake-of-weapons-maker-vista-outdoor","status":"publish","type":"post","link":"https:\/\/www.vaultinsider.top\/?p=193","title":{"rendered":"New Jersey’s pension sold remaining stake of weapons maker Vista Outdoor"},"content":{"rendered":"
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A file photo of semi-automatic AR-15’s for sale in Orem, Utah.<\/div>\n<\/div>\n
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New Jersey’s $78 billion state pension has sold its $1.9 million stake in the firearm and ammunition maker Vista Outdoor and may try to engage weapons makers and retailers to push for “positive change” in their business practices.<\/p>\n

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The move comes just weeks after a state senator, Vin Gopal, introduced legislation to bar the state from investing in companies that make guns or ammunition. It is part of a fresh wave of activism by public pensions in response to the outcry over gun violence after the deadly shootings at a high school in Parkland, Florida, in February.<\/p>\n

Earlier this month, the State of Michigan Retirement System said it sold its shares of Olin Corp., a chemical company that also makes Winchester ammunition. But California’s Public Employees Retirement System, the largest U.S. public pension, voted against a similar proposal to sell stakes of rifle sellers, saying it could use its influence as a major shareholder more effectively than sending a message by divesting.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

New Jersey’s $78 billion state pension has sold its $1.9 million stake in the firearm and ammunition maker Vista Outdoor and may try to engage weapons makers and retailers to push for “positive change” in their business practices.<\/p>\n","protected":false},"author":1,"featured_media":194,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[242],"tags":[],"class_list":["post-193","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editors-pick"],"yoast_head":"\nNew Jersey's pension sold remaining stake of weapons maker Vista Outdoor - Finance News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.vaultinsider.top\/?p=193\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Jersey's pension sold remaining stake of weapons maker Vista Outdoor - 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