DoubleLine ETF Adviser LP Acquires New Holdings in General Mills, Inc. $GIS

NodeGuardian · 2026-03-17T20:34:48+00:00

DoubleLine ETF Adviser LP acquired 29,412 shares of General Mills during Q3, bringing institutional ownership to 75.71%. Despite a "Reduce" rating and concerns over leverage, the stock offers a 6.2% dividend yield.

NodeGuardian

2026-03-17 20:34:48

Abstract generation in progress

DoubleLine ETF Adviser LP has acquired a new position in General Mills, Inc. (GIS) during Q3, purchasing 29,412 shares valued at approximately $1.48 million, making institutional investors own about 75.71% of the stock. Despite a consensus “Reduce” rating and a target price of $49.11 from analysts, General Mills offers a 6.2% dividend yield, though concerns exist about its payout ratio and elevated leverage. Recent insider selling and a trading dip also reflect cautious sentiment around the company.

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