Yes, submersed aquatic plants will take from the water column first if it is available there.
It does not hurt to have Fe, Mn, a good bacterial culture going down there etc.
Folks will often forget to dose.
Fe etc, needs first reduced, then brought inside the root cell, then needs chelated inside the plant by it's own form of chelator to translocate the Fe to the stem/soot. The plant can do this just fine on it's own on the roots(NOT the stem/shoot), so does not hurt to have it down there.
Adding the Chelated forms of Fe to the water column allows the plant to get enough Fe from the water column in it's reduced form.
The main thing I believe that helps Aquatic plants with Fe in the substrate: roots need Fe too, so then the reverse situation may occur, the plant has to take the Fe from the water column and translocate it into the root system.
Having Fe in reduced forms in both places allows the plant to grow well/better in both places even if it does not need to derive any nutrients from the substrate. At least this is my notion about it. Still, I've found that thi is true from some plants, but not the ones people always claim are "Root feeders", Swords and Crypts.
Bacteria also play a role in cycling of nutrients and fungi as well.
Many plants produce lots of roots no matter what, but whether they are contributing or not to nutrient uptake is a COMPLETELY other matter.
That is one thing many plants cannot shut off, but they can allocate resources within the plant itself for growth.
Also, water column nutrients do premeate the substrate and nutrients in the substrate diffuse much easier into the water column than many would like to believe.
So trying a substrate out with zero nutrients in it(and also very little bacteria etc) is a good way to get a good a handle on the water column dosing and also the effects of addition to the substrate.
I've never ever had any issues growing crypts and swords to the point of weeds in my tanks without any substrate fert's.
So if this is true, I seem to have done something that is couter to what the popular dogma suggest and I've not seen any evidence to prove their point correct to date, I've found evidence to show my contention and observation is correct on the other hand.
Regards,
Tom Barr