Johnny, that grub screw looks like it is placed to act as a stop for the rotation. That way you can just swing it closed and not have to worry about it over rotating.
Hi Johnny, are you sure about the grub screw? Mine doesn’t have that feature but I think you can back it out so it stands proud and it will act as a stop to prevent the block from over-rotating CCW. For mine, I have some 0.020” thick tape that turned out to stop it perfectly vertical. I applied it in the same location where the grub screw is located on yours.