diff --git a/CHANGELOG.md b/CHANGELOG.md
index 3e7fb4a6..d01be37e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,13 @@
 # Changelog
 
+## v5.4.0 (2021-06-24)
+
+#### :rocket: Enhancement
+* [#742](https://github.com/simplabs/ember-test-selectors/pull/742) Fix caching warnings when running under Embroider ([@rwjblue](https://github.com/rwjblue))
+
+#### Committers: 1
+- Robert Jackson ([@rwjblue](https://github.com/rwjblue))
+
 ## v5.3.0 (2021-05-25)
 
 #### :rocket: Enhancement
diff --git a/package.json b/package.json
index 4f3f4c50..81bd3d86 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "ember-test-selectors",
-  "version": "5.3.0",
+  "version": "5.4.0",
   "description": "Enabling better Test selectors in Ember.js applications.",
   "keywords": [
     "ember-addon"