With the recent tragedy in Newtown, Conn., and the ensuing debate about gun control, are gun-related investments gaining more taboo status than they already have?
Witness recent moves by investment houses to defend or back away from such investments. The Vanguard Group, an investment company, issued a statement this week explaining why the firm is the largest owner of Smith & Wesson Holding stock.
Private equity firm Cerberus Capital is selling its gun holdings, called "Freedom Group", that includes the manufacturer of the gun used in the Newtown massacre.
This follows a review by California State Teachers' Retirement System (CalSTRS), the largest teachers' retirement fund in the United States into its investments in the private equity firm because of those holdings. (Read More: Thriving Gun Industry Hammered After Newtown Massacre)