Paulson & Co cuts stake in gold ETF: 13F filing

(Reuters) - Hedge fund Paulson & Co cut its stake in the gold-backed exchange-traded fund SPDR Gold Trust in the first quarter of 2016, a filing with the U.S. Securities and Exchange Commission showed on Monday.

New York-based Paulson & Co, led by longtime gold bull John Paulson, owned 4.8 million shares worth $561.7 million on March 31 in the ETF, according to the 13F-HR filing.

The fund also cut its stake in AngloGold Ashanti Ltd in the quarter to 15.2 million sponsored ADRs from 22.9 million ADRs.

(Reporting by Devika Krishna Kumar in New York; Editing by Diane Craft)

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