SCHEDULE: Infrastructure Capital Advisors Updates RLJ Lodging Stake

Infrastructure Capital Advisors and its affiliated funds updated their beneficial ownership of RLJ Lodging Trust's preferred shares, with Virtus InfraCap U.S. Preferred Stock ETF holding 12.31%.

Summary

• Infrastructure Capital Advisors, LLC and its affiliates filed an Amendment No. 5 to their Schedule 13G regarding RLJ Lodging Trust's $1.95 Series A Cumulative Convertible Preferred Shares, par value $0.01 per share.
• Virtus InfraCap U.S. Preferred Stock ETF, a Series of ETFis Series Trust I, beneficially owns 1,534,120 shares, representing 12.31% of the class.
• InfraCap Equity Income Fund ETF, a series of Series Portfolios Trust, beneficially owns 51,074 shares, representing 0.40% of the class.
• The reporting persons, including Jay Hatfield, hold the securities in the ordinary course of business and not for the purpose of changing or influencing the control of RLJ Lodging Trust.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing (Schedule 13G) disclosing beneficial ownership, which typically does not carry inherent positive or negative sentiment regarding the issuer's performance or outlook.

Positives

• A significant institutional investor, Virtus InfraCap U.S. Preferred Stock ETF, maintains a substantial stake of 12.31% in RLJ Lodging Trust's preferred shares, indicating continued investment interest.

Negatives

• No direct negative implications for RLJ Lodging Trust are indicated in this routine beneficial ownership disclosure.

Risks

• No specific risks related to RLJ Lodging Trust's operations or financial health are disclosed in this beneficial ownership filing.

Future Outlook

No forward-looking statements or guidance regarding RLJ Lodging Trust's future performance or strategic direction are provided in this beneficial ownership filing.

Industry Context

This filing is a routine disclosure of an investor's stake and does not provide information on broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders are informed of the updated beneficial ownership percentages of a significant institutional investor in the company's preferred shares.

Key Dates

Keywords

RLJ Lodging Trust, Preferred Shares, Schedule 13G, Infrastructure Capital Advisors, Virtus InfraCap, ETF, Beneficial Ownership, SEC Filing