Don't change the path for anything VST3
No other VST3 plugins allow redirecting the installation directory. They don't even offer a path choice.
They all create folders by manufacturer in the VST3 folder by default.
You may have plugins that don't come from Cakewalk.
The convention I've adopted as have many others, is;
Program Files (x86)/ VST Plugins/manufacturer x86 plugins
Program Files/ VST Plugins/manufacturer x64 plugins
Leave VST 3 to default