Is this a 1.5.4 Bug. Creating new library from new location, shows old location

I am basically starting from a clean empty collection in Recordbox. I am dragging WAV files from an old location on my hard drive and dropping them in a new location.  So from F:\Contents\UnknownArtist\ to the new location F:\Library\WAV

I do a right-click and select copy from the F:\Contents location and paste it into the F:\Library location.

I then drag the file from F:\LIbrary\WAV\ to the collection side in Recordbox, select it and look at and the summary says the OLD location -- F:\Contents etc.

This is not a good thing. I think I was able to get around it by closing and re-opening Recordbox in one instance. But, is this a bug?