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Gamco, Gabelli continue to invest in Bel Fuse
By Lisa Kerner
Charlotte, N.C., June 3 - Investors led by Gamco Asset Management Inc. and Gabelli Funds, LLC bought an additional 25,700 shares of Bel Fuse Inc., increasing their stake in the company to 19.4%, from 18.38% on May 14.
The shares were purchased between May 15 and June 2 at prices from $27.47 to $29.91 each, according to a schedule 13D filing with the Securities and Exchange Commission.
The investors beneficially own 490,800 shares of the Jersey City electronics company.
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