Changing the database location

I want to change the database location from the pgdata docker volume to explicitly live in a folder on my server. I first backed up the pgdata volume to an external hard drive to avoid mishaps. I then copied the contents of the pgdata volume to a folder where I want the database to be stored. I then updated the DB_DATA_LOCATION in the .env file to the new path.

I notived however, that in the docker compose file it still says
    volumes:
      - pgdata:/var/lib/postgresql/data


do I have to change the pgdata: to the new path on my server as well? I checked the docs and it only mentions DB_DATA_LOCATION.
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