Shelves float when held in the player's hand in third person

The Bug:

Shelves float when held in the player's hand in third person.

Steps to Reproduce:

1. Obtain a shelf and hold it in your hand.

2. Toggle your perspective twice. (Hit F5 twice).

3. Look closely at the shelf in your hand.

Observed Behavior:

Shelves float when held in the player's hand in third person.

Expected Behavior:

Shelves would not float when held in the player's hand in third person.