Already a Bloomberg.com user?
Sign in with the same account.
Steven A. Cohen’s SAC Capital Advisors LP cut its stake in the SPDR Gold Trust, according to a government filing.
As of March 31, SAC held 66,700 shares in the fund backed by the precious metal, compared with 179,601 shares at the end of the fourth quarter, a U.S. Securities and Exchange Commission filing showed today.
The SPDR trust is the biggest exchange-traded product backed by physical gold.
To contact the reporter on this story: Debarati Roy in New York at firstname.lastname@example.org
To contact the editor responsible for this story: Steve Stroth at email@example.com