Chatham Capital Group Inc. decreased its stake in shares of La-Z-Boy Incorporated (NYSE:LZB – Free Report) by 0.5% during the second quarter, according to its most recent filing with the SEC. Principal Financial Group Inc. now owns 229,505 shares of the company’s stock valued at $8,971,000 after acquiring an additional 5,822 shares in the last quarter. Get La-Z-Boy alerts:Insider Activity at La-Z-BoyIn other La-Z-Boy news, Director Janet Kerr sold 3,372 shares of La-Z-Boy stock in a transaction on Monday, September 8th. Following the completion of the sale, the director owned 3,653 shares of the company’s stock, valued at approximately $130,412.10. La-Z-Boy Dividend AnnouncementThe firm also recently announced a quarterly dividend, which was paid on Monday, September 15th.