Gamco, Gabelli buy more shares of Bel Fuse

By Lisa Kerner

Charlotte, N.C., May 15 - Investors led by Gamco Asset Management Inc. and Gabelli Funds, LLC bought an additional 30,900 shares of Bel Fuse Inc., increasing their stake in the company to 18.38%, from 17.14% on April 24.

The shares were purchased between April 25 and May 14 at prices from $27.49 to $30.05 each, according to a schedule 13D filing with the Securities and Exchange Commission.

The investors beneficially own 465,100 shares of the Jersey City, N.J., electronics company.

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