Can One Correct the Numbers of Shares in Lots after a Conversion?

Question

Recently, I sold some shares of Fidelity US Bond Fund, which was 'upgraded' to premium by Fidelity last fall, at a conversion rate that was not 1 for 1, but almost. The ratio resulted in almost every lot creating fractional shares to the 6th decimal. I have the correct fractions, to three decimal places, and have tried changing them in the 'Add Shares' transactions. This sometimes results in a recalculation of the price, so I know it's being noticed. However, when I go in to assign lots after the sale, the assign lots screen shows the old, six-decimal, counts, not the newly-entered three-decimal ones. Any help would be appreciated.

q_lurker · Accepted Answer

You should be able to edit the Add Shares transactions to 3 decimal places and have that 'stick'.  I have done that in the past.  Once done, that should also apply for subsequent lot assignments, so I don't know what has happened in your case.

I suggest reviewing the Add Shares transactions to make sure your edits did hold as you desired.