Shift drag Pivot on an Object in editor does not work

When holding shift on any axis, the camera follows the object when you move around the level. When trying to do this with the pivot, the cube does not move at all.

This issue is present in 4.13 as well.

1. Open any project
2. Place a cube in the scene
3. Click on the pivot point (white sphere) on the translation tool
4. Hold down shift
5. Drag the cube around the level

Result: The cube does not move at all

Expected: The cube moves in the direction your mouse is moving, and the camera follows the object being moved.