this post was submitted on 17 Jun 2026
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The elusive shareholder (lemmy.world)
submitted 2 months ago by The_Picard_Maneuver@lemmy.world to c/curatedtumblr@sh.itjust.works
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[–] Tommelot@lemmy.world 27 points 2 months ago (2 children)

Technically speaking you're not the shareholder, but the fund is. You cannot get voting rights from owning ETFs.

[–] Bassman1805@lemmy.world 8 points 2 months ago (1 children)

Well, you're a shareholder in that fund. The fund is a shareholder in the end companies.

In practice, this means Vanguard/Fidelity/Schwab/etc have people whose job it is to research and vote in shareholder meetings for the companies where the fund has significant ownership. That's a big part of what the fund's expense ratio is paying for.

[–] diabetic_porcupine@lemmy.world 1 points 2 months ago

The fund is a product

[–] ParlimentOfDoom@piefed.zip 0 points 2 months ago

Many of them do, in fact, extend the ability to vote for your weighted portion to you.