SC 13G/A: Braemar Hotels & Resorts Inc.
Ticker: BHR-PD · Form: SC 13G/A · Filed: Oct 18, 2024 · CIK: 1574085
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by Braemar Hotels & Resorts Inc..
Risk Assessment
Risk Level: low
Filing Stats: 2,362 words · 9 min read · ~8 pages · Grade level 9.4 · Accepted 2024-10-18 20:32:13
Filing Documents
- d10980682_13g-a.htm (SC 13G/A) — 130KB
- 0000919574-24-005959.txt ( ) — 132KB
From the Filing
SC 13G/A 1 d10980682_13g-a.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 5)* Braemar Hotels & Resorts Inc. (Name of Issuer) 5.50% Series B Cumulative Convertible Preferred Stock (Title of Class of Securities) 10482B200 (CUSIP Number) September 30, 2024 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [_] Rule 13d-1(d) __________ * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No 10482B200 1. NAME OF REPORTING PERSONS Infrastructure Capital Advisors, LLC 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION New York NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA, OO CUSIP No 10482B200 1. NAME OF REPORTING PERSONS Virtus InfraCap U.S. Preferred Stock ETF, a Series of ETFis Series Trust I 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 347,541 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 347,541 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 347,541 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11.3% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IV, OO CUSIP No 10482B200 1. NAME OF REPORTING PERSONS InfraCap Equity Income Fund ETF, a series of Series Portfolios Trust 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IV, OO CUSIP No 10482B200 1. NAME OF REPORTING PERSONS Jay Hatfield 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN, HC CUSIP No 10482B200 Item 1. (a). Name of Issuer: Braemar Hotels & Resorts Inc. (b). Address of Issuer’s Principal Executive Offices: 14185 Dallas Parkway, Suite 1100 Dallas, Texas 75254 United States of America Item 2. (a). Name of Person Filing: Infrastructure Capital Advisors, LLC Virtus InfraCap U.S. Preferred Stock ETF, a Series of ETFis Series Trust I InfraCap Equity Income Fund ETF, a series of Series Portfolios Trust Jay Hatfield (b). Address of Principal Business Office, or if None, Residence: Infrastructure Capital Advisors, LLC 1325 Avenue of the Americas, 28 th Floor New York, New York 10019 United States of America Virtus InfraCap U.S. Preferred Sto