February 14, 2017 / 11:20 PM / 5 months ago

Paulson & Co cuts shares in SPDR Gold Trust in Q4 2016 -filing

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NEW YORK, Feb 14 (Reuters) - Paulson & Co reduced its stake in SPDR Gold Trust in the October-December period as bullion prices saw their weakest quarterly performance in 3-1/2 years, filings with the U.S. Securities and Exchange Commission showed on Tuesday.

New York-based Paulson & Co, led by longtime gold bull John Paulson, cut its shares in the world's biggest gold exchange-traded fund to 4.4 million shares worth $478 million, from 4.8 million shares worth $600 million in the previous quarter, a 13F filing showed. (Reporting by Marcy Nicholson; Editing by Alan Crosby)

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