Cumberland Advisors Inc. lowered its holdings in shares of Citigroup Inc. ( NYSE:C – Free Report ) by 5.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,320 shares of the company's stock after selling 600 shares during the period. Cumberland Advisors Inc.'s holdings in Citigroup were worth $531,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors also recently bought and sold shares of C.

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