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To me, the bigger issue is whether BlackRock just gets paid a fee to manage the portfolio composition, or whether they can also exercise voting rights on shares in their ETF.


They disclose all of what you're interested in: https://www.blackrock.com/corporate/insights/investment-stew...


Institutional investors have to option of retaining voting rights. About 1/4th seem to do so.

https://www.blackrock.com/corporate/about-us/investment-stew...




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