Give a try for this vbscript and tell me the results on your side.
Tested on Windows 10 (32 bits) and works for me 5/5 even with a hotkey Ctrl + Alt + V
Option Explicit
Const Title = "Create a Shortcut for Apps-Volume-Settings on Desktop"
Create_Shortcut Array("Desktop","Apps-Volume-Settings","ms-settings:apps-volume","","%SystemRoot%\system32\shell32.dll,138","","CTRL+ALT+V")
MsgBox "Shortcut of ""ms-settings:apps-volume is created"" on your Desktop",vbInformation+vbSystemModal,Title
'-------------------------------------------------------------------------------------------------------
Sub Create_Shortcut(rArgs)
Dim objShell,DesktopPath,objShortCut,ObjShortcutPath
Dim ShortcutName,ShortcutPath,ShortcutLocation,TargetPath,Arguments,IconLocation,Description,HotKey
Set objShell = CreateObject("WScript.Shell")
Select Case UBound(rArgs)
Case 2
ShortcutLocation = cstr(rArgs(0))
ShortcutPath = objShell.SpecialFolders(ShortcutLocation)
ShortcutName = cstr(rArgs(1))
Set objShortCut = objShell.CreateShortcut(ShortcutPath & "\" & ShortcutName & ".lnk")
TargetPath = cstr(rArgs(2))
objShortCut.TargetPath = chr(34) & TargetPath & chr(34)
objShortCut.Save
Case 3
ShortcutLocation = cstr(rArgs(0))
ShortcutPath = objShell.SpecialFolders(ShortcutLocation)
ShortcutName = rArgs(1)
Set objShortCut = objShell.CreateShortcut(ShortcutPath & "\" & ShortcutName & ".lnk")
TargetPath = cstr(rArgs(2))
objShortCut.TargetPath = chr(34) & TargetPath & chr(34)
Arguments = cstr(rArgs(3))
objShortCut.Arguments = Arguments
objShortCut.Save
Case 4
ShortcutLocation = cstr(rArgs(0))
ShortcutPath = objShell.SpecialFolders(ShortcutLocation)
ShortcutName = rArgs(1)
Set objShortCut = objShell.CreateShortcut(ShortcutPath & "\" & ShortcutName & ".lnk")
TargetPath = cstr(rArgs(2))
objShortCut.TargetPath = chr(34) & TargetPath & chr(34)
Arguments = cstr(rArgs(3))
objShortCut.Arguments = Arguments
IconLocation = cstr(rArgs(4))
ObjShortCut.IconLocation = IconLocation
objShortCut.Save
Case 5
ShortcutLocation = cstr(rArgs(0))
ShortcutPath = objShell.SpecialFolders(ShortcutLocation)
ShortcutName = rArgs(1)
Set objShortCut = objShell.CreateShortcut(ShortcutPath & "\" & ShortcutName & ".lnk")
TargetPath = cstr(rArgs(2))
objShortCut.TargetPath = chr(34) & TargetPath & chr(34)
Arguments = cstr(rArgs(3))
objShortCut.Arguments = Arguments
IconLocation = cstr(rArgs(4))
ObjShortCut.IconLocation = IconLocation
Description = cstr(rArgs(5))
ObjShortCut.Description = Description
objShortCut.Save
Case 6
ShortcutLocation = cstr(rArgs(0))
ShortcutPath = objShell.SpecialFolders(ShortcutLocation)
ShortcutName = rArgs(1)
Set objShortCut = objShell.CreateShortcut(ShortcutPath & "\" & ShortcutName & ".lnk")
TargetPath = cstr(rArgs(2))
objShortCut.TargetPath = chr(34) & TargetPath & chr(34)
Arguments = cstr(rArgs(3))
objShortCut.Arguments = Arguments
IconLocation = cstr(rArgs(4))
ObjShortCut.IconLocation = IconLocation
Description = cstr(rArgs(5))
ObjShortCut.Description = Description
HotKey = cstr(rArgs(6))
ObjShortCut.HotKey = HotKey
objShortCut.Save
End Select
End Sub
'-------------------------------------------------------------------------------------------------------