Melfa Wealth Management, Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 23, 2024), Melfa Wealth Management, Inc. reported 195 stock positions worth $138.5 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 7.6% of the portfolio, followed by Franklin Muncipl Opps Tst-Ui (PMO, 3.5%) and BlackRock Income Trust (BKT, 3.2%). Compared with Q4 2023, it opened 54 new positions, added to 88 and reduced 25. The biggest buy was a new position in iShares Core S&P 500 ETF (IVV) and the biggest sale Franklin Muncipl Opps Tst-Ui (PMO, shares −1%).

Most Recent 13F
Q2 2026
Location
WESTBOROUGH, MA
CIK
0001962465
Portfolio Value
$138.5M (Q1 2024)
SEC Filing
0001951757-24-000368 ↗ filed Apr 23, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $138.5M $138.5M Q1 2024 Q2 2024: $143.1M Q2 2024 Q3 2024: $151.5M Q3 2024 Q4 2024: $149.5M Q4 2024 Q1 2025: $148.1M Q1 2025 Q2 2025: $158.2M Q2 2025 Q3 2025: $170.5M Q3 2025 Q4 2025: $173.5M Q4 2025 Q1 2026: $174.2M Q1 2026 Q2 2026: $185.5M Q2 2026

Holdings 195 stocks · $138.5M
DFAC Dimensional US Core Equity 2 7.62% 330,377 $10.6M Add +5.5%
PMO Franklin Muncipl Opps Tst-Ui 3.54% 482,371 $4.9M Reduce -0.5%
BKT BlackRock Income Trust 3.21% 373,843 $4.4M Add +5.9%
EVN Eaton Vance Muni Inc. TR 3.11% 420,909 $4.3M Reduce -2.5%
AAPL Apple Inc. 3.06% 24,702 $4.2M Add +14.7%
DFAU Dimensional US Core Equity M 2.01% 76,132 $2.8M Add +2.6%
DFUV Dimensional US Marketwide Va 2.00% 67,583 $2.8M Add +0.7%
MYI BlackRock Muniyield QLTY III 1.96% 236,480 $2.7M Add +8.3%
IVV iShares Core S&P 500 ETF 1.82% 4,798 $2.5M New
MQY BlackRock Muniyield Quality 1.76% 199,558 $2.4M Reduce -0.6%
META Meta Platforms Inc. Class A 1.73% 4,940 $2.4M New
NBH Neuberger Municipal Fund Inc. 1.69% 223,985 $2.3M Add +0.2%
MHD BlackRock Muniholdings Fund 1.64% 188,334 $2.3M Reduce -3.9%
GE General Electric 1.60% 12,597 $2.2M New
NVG Nuveen Amt-FR Muni CRDT 1.54% 175,526 $2.1M Reduce -5.3%
DFSV Dimensional US Small Cap Val 1.51% 69,704 $2.1M Add +8.9%
DFAX Dimensional World Ex US Core 1.31% 71,345 $1.8M Add +1.8%
EIM Eaton Vance Municipal Bond 1.26% 168,309 $1.7M Reduce -0.8%
XOM Exxon Mobil Corp. 1.22% 14,481 $1.7M Add +14.5%
SPY SS SPDR S&P 500 ETF Trust-US 1.21% 3,197 $1.7M New
NXP Nuveen Select Tax-Free Inc. 1.06% 101,235 $1.5M Add +0.1%
EOT Eaton Vance National Municip 1.04% 87,166 $1.4M Add +0.1%
DFAT Dimensional US Target Value 1.03% 26,285 $1.4M Add +6.7%
KTF DWS Municipal Income Trust 1.03% 157,469 $1.4M Reduce -0.9%
XPCQX PIMCO California Muni Inc. FD 1.02% 150,290 $1.4M Reduce -5.6%
XMUIX BlackRock Municipal Income 0.97% 111,341 $1.3M Add +0.3%
DFAI Dimensional International Co. 0.97% 44,288 $1.3M Add +0.4%
BGT BlackRock Fltng RT Inc. TR 0.94% 100,362 $1.3M Add +0.3%
XMVFX BlackRock Munivest Fund 0.90% 176,086 $1.2M Add +0.1%
NVDA Nvidia Corp. 0.85% 1,300 $1.2M New
FITB Fifth Third Bancorp 0.84% 31,200 $1.2M New
MMU Western Asset Managed Munici 0.82% 109,050 $1.1M Add +0.1%
RSPT Invesco S&P 500 Equal Weight 0.80% 31,318 $1.1M Add +0.1%
JFR Nuveen Floating Rate Income 0.79% 125,826 $1.1M Add +0.4%
C Citigroup Inc. 0.76% 16,645 $1.1M New
BFK BlackRock Municipal Inc. TRST 0.75% 100,844 $1.0M Add +0.1%
BHK BlackRock Core Bond Trust 0.71% 90,654 $979K Reduce -1.0%
BLE BlackRock Muni Inc. TR II 0.70% 88,745 $964K Add +0.4%
MUA BlackRock Muniassets Fund 0.69% 85,706 $950K Add +0.2%
XEVVX Eaton Vance Ltd. Durat Inc. 0.67% 95,646 $933K Reduce -0.7%
VTI VG Morningstar TS MKT ETF-US 0.65% 3,459 $899K Add +17.6%
XBFZX BlackRock Ca Muni Inc. TR 0.65% 75,799 $896K Add +0.1%
MUC BlackRock Munihold Ca QLTY 0.63% 79,369 $874K Add +0.2%
HYT BlackRock Corp. Hi YLD 0.61% 86,835 $850K Reduce -1.2%
VLT Invesco High Income Trust II 0.60% 78,066 $838K Add +8.9%
MSFT Microsoft Corp. 0.58% 1,909 $803K New
VIG Vanguard Dividend Apprec ETF 0.56% 4,227 $772K Add +6.4%
XFRAX BlackRock Fltng RT Inc. Strat 0.55% 59,369 $767K Reduce -3.4%
JPC Nuveen Prefered & Income Opp 0.54% 104,456 $751K Add +0.0%
NCA Nuveen California Muni Val 0.54% 82,805 $745K Reduce -0.1%
NHS Neuberger High Yield Strateg 0.54% 92,192 $743K Add +54.0%
VXUS Vanguard Total Intl Stock 0.52% 12,027 $725K Add +7.0%
VKI Invesco Adv Muni Inc. TR II 0.52% 84,205 $716K Reduce -13.7%
FDVV Fidelity High Dividend ETF 0.51% 15,486 $702K New
XBI SS SPDR S&P Biotech ETF 0.46% 6,645 $631K No change
MFM Aberdeen Municipal Income 0.45% 115,430 $620K Add +0.1%
PFF iShares Preferred & Income S 0.44% 19,108 $616K Add +73.5%
XMVTX BlackRock Munivest Fund II 0.44% 55,252 $603K Add +0.0%
XENWX Eaton Vance New York Municip 0.43% 61,633 $598K Add +0.3%
IWD iShares Russell 1000 Value E 0.43% 3,330 $596K New
NAC Nuveen Ca QLTY Muni Inc. 0.43% 53,547 $590K Add +229.3%
DSU BlackRock Debt Strategies 0.42% 52,863 $585K Add +0.3%
DFIV Dimensional International Va 0.42% 15,806 $581K New
PMM Franklin Managed Municipal I 0.42% 96,020 $575K Add +0.1%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.41% 5,224 $569K New
MIY BlackRock Muniyield Mi QLTY 0.41% 49,425 $569K Add +0.0%
MUJ BlackRock Munihold NJ QLTY 0.41% 48,491 $564K Add +0.4%
NMT Nuveen Ma QLTY Muni Inc. 0.40% 50,177 $548K Add +0.1%
AFB Allianceberstein NTL Muni 0.38% 47,393 $521K Reduce -11.1%
CXH MFS Investment Grade Muni 0.37% 66,730 $508K Reduce -3.9%
JPM JPMorgan Chase & Co. 0.36% 2,468 $494K New
OIA Invesco Municipal Income Opp 0.36% 75,679 $494K Add +0.6%
IJH iShares Core S&P Midcap ETF 0.35% 7,980 $485K New
CXE MFS High Income Municipal TR 0.35% 132,893 $482K Add +0.2%
GHY Pgim Global High Yield Fund 0.34% 39,841 $477K Add +0.6%
NUW Nuveen Amt-Free Muni Val 0.34% 34,965 $472K Add +0.0%
XPNFX PIMCO New York Muni Inc. FD 0.34% 60,817 $470K Add +1.9%
PNI PIMCO NY Muni Inc. II FND 0.33% 60,817 $451K Add +0.1%
DFAR Dimensional US Real Est ETF 0.32% 20,029 $448K New
XPMAX Pioneer Municipal High Inc. 0.32% 54,909 $448K Add +0.1%
IJR iShares Core S&P Small-Cap E 0.32% 4,004 $443K New
XBTAX BlackRock LNG-TRM Muni Adv 0.32% 43,991 $439K No change
AGG iShares Core U.S. Aggregate 0.31% 4,436 $434K New
NMCO Nuveen Municipal Credit Opp 0.31% 40,782 $431K Add +0.3%
MHF Western Asset Municipal High 0.31% 63,101 $428K Add +0.2%
VMO Invesco Municipal Opport 0.30% 43,348 $422K Reduce -16.8%
XCMUX MFS High Yield Municipal TR 0.30% 124,556 $415K Add +11.4%
EFT Eaton Vance Fltng RT Inc. TR 0.29% 30,663 $408K Add +0.7%
AVGO Broadcom Inc. 0.29% 305 $404K New
XEVMX Eaton Vance Cal Muni Bond 0.29% 42,446 $401K Add +0.4%
NAD Nuveen Quality Municipal Inc. 0.28% 34,356 $394K No change
GEHC GE Healthcare Technology 0.28% 4,247 $386K New
GOOGL Alphabet Inc. Class A 0.28% 2,540 $383K New
NUV Nuveen Municipal Value 0.27% 43,338 $377K Add +0.1%
VGM Invesco Trust for Investmen 0.27% 37,360 $368K No change
VBF Invesco Bond Fund 0.26% 23,214 $363K No change
DMF BNYM Municipal Income filed as BNY MELLON MUN INCOME INC 0.25% 51,426 $351K Add +29.7%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.25% 1,824 $350K Add +14.6%
LEO BNY Mellon Strategic Muni 0.25% 57,247 $349K Reduce -5.2%
RSP Invesco S&P 500 Equal Weight 0.25% 2,030 $344K New

Show all 195 holdings

Portfolio Sells Q4 2023 → Q1 2024
PMO Franklin Muncipl Opps Tst-Ui Reduce -0.5% 3.54% −1.13
EVN Eaton Vance Muni Inc. TR Reduce -2.5% 3.11% −0.83
MQY BlackRock Muniyield Quality Reduce -0.6% 1.76% −0.54
MHD BlackRock Muniholdings Fund Reduce -3.9% 1.64% −0.47
NVG Nuveen Amt-FR Muni CRDT Reduce -5.3% 1.54% −0.41
XPCQX PIMCO California Muni Inc. FD Reduce -5.6% 1.02% −0.38
EIM Eaton Vance Municipal Bond Reduce -0.8% 1.26% −0.35
KTF DWS Municipal Income Trust Reduce -0.9% 1.03% −0.30
BHK BlackRock Core Bond Trust Reduce -1.0% 0.71% −0.23
XEVVX Eaton Vance Ltd. Durat Inc. Reduce -0.7% 0.67% −0.19
XFRAX BlackRock Fltng RT Inc. Strat Reduce -3.4% 0.55% −0.18
AFB Allianceberstein NTL Muni Reduce -11.1% 0.38% −0.17
VKI Invesco Adv Muni Inc. TR II Reduce -13.7% 0.52% −0.17
NCA Nuveen California Muni Val Reduce -0.1% 0.54% −0.16
HYT BlackRock Corp. Hi YLD Reduce -1.2% 0.61% −0.16
CXH MFS Investment Grade Muni Reduce -3.9% 0.37% −0.11
VMO Invesco Municipal Opport Reduce -16.8% 0.30% −0.09
LEO BNY Mellon Strategic Muni Reduce -5.2% 0.25% −0.08
DSM BNYM Strat Muni BND Reduce -31.4% 0.09% −0.08
XPMFX PIMCO Municipal Income Fund Reduce -13.1% 0.14% −0.07
XEVGX Eaton Vance Short Dur Div Inc. Reduce -1.9% 0.20% −0.06
JHS John Hancock Income Sec TR Reduce -14.9% 0.13% −0.06
DMB BNY Mellon Muni BND Infra Reduce -2.5% 0.14% −0.05
IYY iShares Dow Jones U.S. ETF Reduce -2.1% 0.21% −0.04
XBKNX BlackRock Invest QLTY Muni Reduce -0.4% 0.18% −0.04

Portfolio Buys Q4 2023 → Q1 2024
IVV iShares Core S&P 500 ETF New 1.82% +1.82
META Meta Platforms Inc. Class A New 1.73% +1.73
GE General Electric New 1.60% +1.60
SPY SS SPDR S&P 500 ETF Trust-US New 1.21% +1.21
NVDA Nvidia Corp. New 0.85% +0.85
FITB Fifth Third Bancorp New 0.84% +0.84
C Citigroup Inc. New 0.76% +0.76
MSFT Microsoft Corp. New 0.58% +0.58
FDVV Fidelity High Dividend ETF New 0.51% +0.51
IWD iShares Russell 1000 Value E New 0.43% +0.43
DFIV Dimensional International Va New 0.42% +0.42
LQD Ishr Ibx Usd Invgd CB ETF-Ui New 0.41% +0.41
JPM JPMorgan Chase & Co. New 0.36% +0.36
IJH iShares Core S&P Midcap ETF New 0.35% +0.35
DFAR Dimensional US Real Est ETF New 0.32% +0.32
IJR iShares Core S&P Small-Cap E New 0.32% +0.32
AGG iShares Core U.S. Aggregate New 0.31% +0.31
AVGO Broadcom Inc. New 0.29% +0.29
GEHC GE Healthcare Technology New 0.28% +0.28
GOOGL Alphabet Inc. Class A New 0.28% +0.28
NAC Nuveen Ca QLTY Muni Inc. Add +229.3% 0.43% +0.26
RSP Invesco S&P 500 Equal Weight New 0.25% +0.25
IVW iShares S&P 500 Growth ETF New 0.25% +0.25
VEA Vanguard Ftse Developed ETF New 0.22% +0.22
IEMG iShares Core MSCI Emerging New 0.22% +0.22
BND Vanguard Total Bond Market New 0.21% +0.21
VUG Vanguard Mrngstar GR ETF-Sui New 0.19% +0.19
V Visa Inc. Class A New 0.19% +0.19
VFMO Vanguard US Momentum Factor New 0.19% +0.19
DVY iShares Select Dividend ETF New 0.19% +0.19
EFA iShares MSCI Eafe ETF New 0.19% +0.19
AMZN Amazon.com Inc. New 0.18% +0.18
VFQY Vanguard U.S. Quality Factor New 0.18% +0.18
IBM Intl Business Machines Corp. New 0.18% +0.18
GOOG Alphabet Inc. Class C New 0.17% +0.17
VNQ Vanguard Real Estate ETF New 0.17% +0.17
IWB iShares Russell 1000 ETF New 0.17% +0.17
ABBV Abbvie Inc. New 0.16% +0.16
IEFA iShares Core MSCI Eafe ETF New 0.16% +0.16
TIP iShares Tips Bond ETF New 0.16% +0.16
IWF iShares Russell 1000 Growth New 0.15% +0.15
USFR Wisdomtree Floating Rate Tre New 0.15% +0.15
NFLX Netflix Inc. New 0.15% +0.15
SBUX Starbucks Corp. New 0.15% +0.15
HIX Western Asset High Inc. II New 0.14% +0.14
PDT John Hancock Prem DVD FND New 0.14% +0.14
PFF iShares Preferred & Income S Add +73.5% 0.44% +0.12
NDMO Nuveen Dynamic Municipal Opp New 0.11% +0.11
PML PIMCO Municipal Income FD II New 0.11% +0.11
BHC Bausch Health Cos Inc. New 0.11% +0.11

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 196$185.5MVTI, DFAC, DFSV, AAPL, PMO
Q1 2026 194$174.2MDFAC, VTI, AAPL, PMO, DFSV
Q4 2025 202$173.5MDFAC, VTI, AAPL, PMO, EVN
Q3 2025 194$170.5MDFAC, VTI, PMO, AAPL, EVN
Q2 2025 200$158.2MDFAC, VTI, PMO, BKT, EVN
Q1 2025 201$148.1MDFAC, AAPL, PMO, BKT, EVN
Q4 2024 202$149.5MDFAC, AAPL, PMO, BKT, EVN
Q3 2024 200$151.5MDFAC, AAPL, PMO, BKT, EVN
Q2 2024 199$143.1MDFAC, AAPL, PMO, BKT, EVN
Q1 2024 195$138.5MDFAC, PMO, BKT, EVN, AAPL