Bel Fuse shareholder Gamco buys shares, increases ownership to 15.57%

By Lisa Kerner

Charlotte, N.C., July 21 - Investors led by Gamco Asset Management Inc. increased their stake in Bel Fuse Inc. to 15.57% with the purchase of 28,500 additional shares of the company's stock.

The shares were acquired between June 17 and July 20 at prices from $13.68 to $15.22 each, according to a schedule 13D/A filed with the Securities and Exchange Commission on Tuesday.

Between May 11 and June 15 Gamco bought 22,000 Bel Fuse shares, a prior SEC filing said.

The investors beneficially own 338,600 shares of the Jersey City, N.J., electronics company.

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