Mark Green of Tennessee’s 7th district sells NGL Energy Partners stocks, buys into Van Eck Gold Trust ETF

Published 07/02/2025, 22:12
Mark Green of Tennessee’s 7th district sells NGL Energy Partners stocks, buys into Van Eck Gold Trust ETF

In recent trading activity, Mark Green, representing Tennessee’s 7th congressional district, has made significant transactions in both the energy and gold sectors. The transactions occurred through his Equitable Advisors Investment Account.

Green sold his stocks in NGL Energy Partners LP (NYSE:NGL), a company that offers common units representing limited partner interests. According to InvestingPro data, NGL has shown strong momentum with a 35% gain over the past six months, despite challenging fundamentals. The first sale took place on January 28, 2025, with a value between $50,001 and $100,000. The second sale was executed on January 30, 2025, with a significantly higher value, ranging from $500,001 to $1,000,000. The final sale happened on February 3, 2025, with a value between $250,001 and $500,000.

On the other side of the ledger, Green showed a keen interest in the gold market. He purchased shares in the OUNZ Van Eck Gold Trust ETF, an exchange-traded fund that tracks the price of gold. His first purchase, valued between $500,001 and $1,000,000, was made on January 30, 2025. The second purchase occurred on February 3, 2025, with a value ranging from $250,001 to $500,000.

These transactions highlight a shift in Green’s investment strategy, moving away from energy stocks and towards gold-based exchange-traded funds. With NGL’s upcoming earnings report in just three days and its current market cap of $729 million, investors seeking deeper insights can access comprehensive analysis through InvestingPro’s detailed research reports. As always, investors are advised to consider the broader economic context and their own risk tolerance when evaluating these developments.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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