Gamco buys more shares of Bel Fuse, ups stake to 11.70%

By Lisa Kerner

Charlotte, N.C., Dec. 18 - Investors led by Gamco Asset Management Inc. bought an additional 28,600 shares of Bel Fuse Inc. stock, increasing their stake in the company to 11.70% from 10.33%.

The shares were purchased between Oct. 31 and Dec. 14 priced from $33.55 to $34.93 each, according to a schedule 13D filing with the Securities and Exchange Commission.

The reporting persons beneficially own 2,565,190 shares of the Jersey City, N.J., electronics company.

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