Paulson Trims GLD Stake
August 17, 2015 at 08:00 AM EDT
John Paulson’s Paulson & Co. hedge, long one of the largest holders of the SPDR Gold Shares (NYSEArca: GLD), trimmed its position in the physically-backed gold exchange traded fund during the second quarter, helping the firm avoid additional losses as bullion swooned in July. The hedge...