Scene component appears to render in the incorrect location after calling SetWorldLocation() in editor

Calling SetWorldLocation() on a USceneComponent derived component causes the rendering for the component to stop updating. The position can still be modified and the values will change, but it renders in the same location so it looks like nothing is happening.

1. Download the attached project
2. Open the project
3. Open Test actor
4. Enable "Auto Position" (This can be found in the Details panel for the "Test" component)
5. Try to move the component (it will not move (this is expected))
6. Disable "Auto Position"
7. Try to move the "Test" Component

Result: The position will update numerically in the details panel, however this result will not be reflected in the viewport tab
Expected: The location of the Test Component would change to match that of the numerical value shown in the details panel (once "Auto Position" has been set to false)