Anchoring Label relevant to DataGridView

Question

Hi,

I have a DataGridView object Anchored to all sides (Top, Bottom etc) and underneath I have a Label.

When I resize the client via mouse I want the Labels position to update according to the resize of the DataGridView so it's position stays local to the DataGridView.

Is there built in functionality to do this programmatically that im some how overlooking?

Thanks.