Gabelli, Gamco reduce holdings in SJW

By Lisa Kerner

Charlotte, N.C., June 8 - SJW Corp. investors led by Gabelli Funds, LLC and Gamco Asset Management Inc. sold 174,800 shares of the company's stock between April 9 and June 1, priced from $37.55 to $39.20 per share.

The reporting persons beneficially own 772,200 shares, or 4.22%, of the San Jose, Calif.-based water supply company's outstanding stock, according to a schedule 13D filing with the Securities and Exchange Commission.

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