The following work around solved the issue of having moved library files that resulted in broken links.
I had 200+ broken links (Library is Missing) from the work file.
1. Copy the artboards from the file and paste into the library
2. Copy the same artboards you pasted into the library and paste back into your file.
3. That's it. This fixed all broken links components.
You can delete the second copy of the artboards you pasted back.
The following work around solved the issue of having moved library files that resulted in broken links.
I had 200+ broken links (Library is Missing) from the work file.
1. Copy the artboards from the file and paste into the library
2. Copy the same artboards you pasted into the library and paste back into your file.
3. That's it. This fixed all broken links components.
You can delete the second copy of the artboards you pasted back.