NEW YORK — Upscale department store operator Nordstrom Inc. said a Nordstrom family shareholder group will register with the Security and Exchange Commission to sell up to 5.4 million shares of Nordstrom common stock.

Elmer and Katharine Nordstrom Family Interest LP owns 8.2 million shares, or 6 percent of Nordstrom’s outstanding shares, and is proposing to sell an additional portion of its holdings in order to diversify its financial assets, the Seattle-based company said in a statement.

The action by the group is an independent decision.

John Nordstrom, a director, and James Nordstrom Jr., corporate merchandise manager of children’s shoes, are the only members of the partnership who are active in the company’s operations. The group has an additional 20 members of the extended Nordstrom family.

“As we’ve stated before, we want to be clear that this action by the partnership is an independent decision driven simply by the partnership’s desire to diversify its financial assets,” Bruce Nordstrom, chairman of Nordstrom, said in a statement. “The Nordstrom Inc. management team is completely committed to the future success of Nordstrom. We are encouraged by the progress we continue to make and by the positive response from our customers.”

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