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SAC Capital Cut Stake in SPDR Gold Trust in Fourth Quarter

Steven A. Cohen’s SAC Capital Advisors LP cut its stake in the SPDR Gold Trust by 5,000 shares in the fourth quarter, according to a government filing.

As of Dec. 31, SAC held 179,601 shares in the fund backed by the precious metal, compared with 184,601 shares at the end of the third quarter, a U.S. Securities and Exchange Commission filing showed today.

The SPDR trust is the biggest exchange-traded product backed by physical gold.

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To contact the editor responsible for this story: Steve Stroth at

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