Locking the anchor prevents the anchor itself from being moved with drag and drop. However, the text box may still move, depending on now it is positioned relative to the page or anchor paragraph.
Also, note that the text box will always be on the same page as its anchor. In other words, if the paragraph containing the anchor moves to the next page (as a result of editing), the text box will also move to that page.
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Stefan Blom
Microsoft Word MVP
Microsoft 365 apps for business
Windows 11 Professional
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