I see this in the default GridControl with nothing added. I attached an example. Open the program and put the Task Manager (or any other window that stay on top) and put it on top of half (verticaly) of the column header and drag a column.
I''m using
Runtime Version: v1.0.3705
Version: 3.0.1.0
.NET Framework: 1.1
OS: Windows XP
DragIcon_5210.zip