Some items look floating in first person

Some of these items look weirdly floating or incorrectly positioned while holding them in first person view. Affected items are: spyglass, bow, crossbow, shield (looks invisible in offhand). They look normal in third person view, as shown in an armor stand with spyglass (to show comparison with its first person view). However, when using a shield, the shield is lowered and the black hole is visible in third person view.

This happened just after the game updated. No other resource packs are applied.