diff --git a/python-sdk/docs/CHANGELOG.md b/python-sdk/docs/CHANGELOG.md
index 92f88a269a..e496e63e39 100644
--- a/python-sdk/docs/CHANGELOG.md
+++ b/python-sdk/docs/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## 1.5.4
+
+### Bug Fixes
+
+- Fix AstroCustomXcomBackend circular import issue. [#1943](https://github.com/astronomer/astro-sdk/pull/1943)
+
+
 ## 1.5.3
 
 ### Bug Fixes
diff --git a/python-sdk/src/astro/__init__.py b/python-sdk/src/astro/__init__.py
index 12549bc796..fd03a0e297 100644
--- a/python-sdk/src/astro/__init__.py
+++ b/python-sdk/src/astro/__init__.py
@@ -1,6 +1,6 @@
 """A decorator that allows users to run SQL queries natively in Airflow."""
 
-__version__ = "1.5.3"
+__version__ = "1.5.4"
 
 
 # This is needed to allow Airflow to pick up specific metadata fields it needs