Kanawha Capital Management LLC Raises Position in Costco Wholesale Co. (NASDAQ:COST)

Kanawha Capital Management LLC is a financial services company that provides investment management and advisory services to institutional clients. The company has recently increased its holdings in Costco Wholesale Co. NASDAQCOST by 0.5% during the third quarter, according to HoldingsChannel reports.

Costco Wholesale Co. is a multinational retail corporation that operates primarily through its membership warehouse clubs. The company was founded in 1976 and has since grown to become one of the largest retailers in the world, with operations in more than 70 countries. Costco's stock is listed on the NASDAQ Global Select Market under the symbol NASDAQCOST.

Kanawha Capital Management LLC's holdings in Costco Wholesale were worth $8,178,000 at the end of the third quarter. The company acquired an additional 73 shares of Costco stock during the quarter, bringing its total holdings to 14,476 shares.

It is important to note that institutional investors like Kanawha Capital Management LLC often make large investments in publicly traded companies and may have significant influence on the market. As such, any changes in their holdings can have a significant impact on the stock price of the company they are investing in.