Mario Gabelli is Doubling Down on These 5 Stocks

3. Bel Fuse Inc. (NASDAQ:BELFB)

Number of Hedge Fund Holders: 9   

Percentage Increase in Stake During Q3: 178%

Bel Fuse Inc. (NASDAQ:BELFB) makes and sells electrical components. The company has a decent dividend history and recently declared a quarterly dividend of $0.07 per share, in line with previous. The forward yield was 1.94%. 

GAMCO Investors owned 36,150 shares in Bel Fuse Inc. (NASDAQ:BELFB) at the end of September 2021 worth $449,000, representing a very small portion of the portfolio. 

At the end of the second quarter of 2021, 9 hedge funds in the database of Insider Monkey held stakes worth $20 million in Bel Fuse Inc. (NASDAQ:BELFB), up from 8 in the preceding quarter worth $21 million.