3M Strip Caulk will seal the hole but still allow you to remove anything if necessary, or if you decide to run anything else through the same hole later on. I keep a box of this stuff on hand in the shop at all times. When it runs low I get another. Case in point, I use it ALL the time. The link is to Wal-Mart. But the better auto part stores have it, especially if they also carry bodyshop supplies.

3m 08578 Strip Calk, Black, 60 - 1 Ft. Strips Per Box - Walmart.com
Free Shipping. Buy 3m 08578 Strip Calk, Black, 60 - 1 Ft. Strips Per Box at Walmart.com
www.walmart.com