diff --git a/CHANGELOG.md b/CHANGELOG.md
index b25b0a10..aa4d15c8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+### [2.0.1](https://www.github.com/googleapis/java-trace/compare/v2.0.0...v2.0.1) (2021-08-11)
+
+
+### Dependencies
+
+* update dependency com.google.cloud:google-cloud-shared-dependencies to v2.0.1 ([#595](https://www.github.com/googleapis/java-trace/issues/595)) ([ed1d475](https://www.github.com/googleapis/java-trace/commit/ed1d475c8b33ffe09e61f7189c1b1d795839a166))
+
 ## [2.0.0](https://www.github.com/googleapis/java-trace/compare/v1.4.2...v2.0.0) (2021-08-06)
 
 
diff --git a/google-cloud-trace-bom/pom.xml b/google-cloud-trace-bom/pom.xml
index 50c8e56b..c8fb865c 100644
--- a/google-cloud-trace-bom/pom.xml
+++ b/google-cloud-trace-bom/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-trace-bom</artifactId>
-  <version>2.0.0</version><!-- {x-version-update:google-cloud-trace:current} -->
+  <version>2.0.1</version><!-- {x-version-update:google-cloud-trace:current} -->
   <packaging>pom</packaging>
   <parent>
     <groupId>com.google.cloud</groupId>
@@ -52,32 +52,32 @@
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-trace-v1</artifactId>
-        <version>2.0.0</version><!-- {x-version-update:proto-google-cloud-trace-v1:current} -->
+        <version>2.0.1</version><!-- {x-version-update:proto-google-cloud-trace-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-trace-v1</artifactId>
-        <version>2.0.0</version><!-- {x-version-update:grpc-google-cloud-trace-v1:current} -->
+        <version>2.0.1</version><!-- {x-version-update:grpc-google-cloud-trace-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-trace-v2</artifactId>
-        <version>2.0.0</version><!-- {x-version-update:grpc-google-cloud-trace-v2:current} -->
+        <version>2.0.1</version><!-- {x-version-update:grpc-google-cloud-trace-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-trace-v2</artifactId>
-        <version>2.0.0</version><!-- {x-version-update:proto-google-cloud-trace-v2:current} -->
+        <version>2.0.1</version><!-- {x-version-update:proto-google-cloud-trace-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-trace-v2</artifactId>
-        <version>2.0.0</version><!-- {x-version-update:proto-google-cloud-trace-v2:current} -->
+        <version>2.0.1</version><!-- {x-version-update:proto-google-cloud-trace-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-trace</artifactId>
-        <version>2.0.0</version><!-- {x-version-update:google-cloud-trace:current} -->
+        <version>2.0.1</version><!-- {x-version-update:google-cloud-trace:current} -->
       </dependency>
     </dependencies>
   </dependencyManagement>
diff --git a/google-cloud-trace/pom.xml b/google-cloud-trace/pom.xml
index cd0412cb..c26fa9a7 100644
--- a/google-cloud-trace/pom.xml
+++ b/google-cloud-trace/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-trace</artifactId>
-  <version>2.0.0</version><!-- {x-version-update:google-cloud-trace:current} -->
+  <version>2.0.1</version><!-- {x-version-update:google-cloud-trace:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud Trace</name>
   <url>https://github.com/googleapis/java-trace</url>
@@ -13,7 +13,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-trace-parent</artifactId>
-    <version>2.0.0</version><!-- {x-version-update:google-cloud-trace:current} -->
+    <version>2.0.1</version><!-- {x-version-update:google-cloud-trace:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-trace</site.installationModule>
diff --git a/grpc-google-cloud-trace-v1/pom.xml b/grpc-google-cloud-trace-v1/pom.xml
index d1150336..d3fcf7ae 100644
--- a/grpc-google-cloud-trace-v1/pom.xml
+++ b/grpc-google-cloud-trace-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-trace-v1</artifactId>
-  <version>2.0.0</version><!-- {x-version-update:grpc-google-cloud-trace-v1:current} -->
+  <version>2.0.1</version><!-- {x-version-update:grpc-google-cloud-trace-v1:current} -->
   <name>grpc-google-cloud-trace-v1</name>
   <description>GRPC library for grpc-google-cloud-trace-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-trace-parent</artifactId>
-    <version>2.0.0</version><!-- {x-version-update:google-cloud-trace:current} -->
+    <version>2.0.1</version><!-- {x-version-update:google-cloud-trace:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/grpc-google-cloud-trace-v2/pom.xml b/grpc-google-cloud-trace-v2/pom.xml
index 426518d1..0bb39ddb 100644
--- a/grpc-google-cloud-trace-v2/pom.xml
+++ b/grpc-google-cloud-trace-v2/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-trace-v2</artifactId>
-  <version>2.0.0</version><!-- {x-version-update:grpc-google-cloud-trace-v2:current} -->
+  <version>2.0.1</version><!-- {x-version-update:grpc-google-cloud-trace-v2:current} -->
   <name>grpc-google-cloud-trace-v2</name>
   <description>GRPC library for grpc-google-cloud-trace-v2</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-trace-parent</artifactId>
-    <version>2.0.0</version><!-- {x-version-update:google-cloud-trace:current} -->
+    <version>2.0.1</version><!-- {x-version-update:google-cloud-trace:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/pom.xml b/pom.xml
index 27cecaff..4dfa6925 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-trace-parent</artifactId>
   <packaging>pom</packaging>
-  <version>2.0.0</version><!-- {x-version-update:google-cloud-trace:current} -->
+  <version>2.0.1</version><!-- {x-version-update:google-cloud-trace:current} -->
   <name>Google Cloud Trace Parent</name>
   <url>https://github.com/googleapis/java-core</url>
   <description>
@@ -149,28 +149,28 @@
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-trace-v1</artifactId>
-        <version>2.0.0</version><!-- {x-version-update:proto-google-cloud-trace-v1:current} -->
+        <version>2.0.1</version><!-- {x-version-update:proto-google-cloud-trace-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-trace-v2</artifactId>
-        <version>2.0.0</version><!-- {x-version-update:proto-google-cloud-trace-v2:current} -->
+        <version>2.0.1</version><!-- {x-version-update:proto-google-cloud-trace-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-trace-v1</artifactId>
-        <version>2.0.0</version><!-- {x-version-update:grpc-google-cloud-trace-v1:current} -->
+        <version>2.0.1</version><!-- {x-version-update:grpc-google-cloud-trace-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-trace-v2</artifactId>
-        <version>2.0.0</version><!-- {x-version-update:grpc-google-cloud-trace-v2:current} -->
+        <version>2.0.1</version><!-- {x-version-update:grpc-google-cloud-trace-v2:current} -->
       </dependency>
 
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-shared-dependencies</artifactId>
-        <version>2.0.0</version>
+        <version>2.0.1</version>
         <type>pom</type>
         <scope>import</scope>
       </dependency>
diff --git a/proto-google-cloud-trace-v1/pom.xml b/proto-google-cloud-trace-v1/pom.xml
index da10fb4c..0ac22206 100644
--- a/proto-google-cloud-trace-v1/pom.xml
+++ b/proto-google-cloud-trace-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-trace-v1</artifactId>
-  <version>2.0.0</version><!-- {x-version-update:proto-google-cloud-trace-v1:current} -->
+  <version>2.0.1</version><!-- {x-version-update:proto-google-cloud-trace-v1:current} -->
   <name>proto-google-cloud-trace-v1</name>
   <description>PROTO library for proto-google-cloud-trace-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-trace-parent</artifactId>
-    <version>2.0.0</version><!-- {x-version-update:google-cloud-trace:current} -->
+    <version>2.0.1</version><!-- {x-version-update:google-cloud-trace:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/proto-google-cloud-trace-v2/pom.xml b/proto-google-cloud-trace-v2/pom.xml
index 883649c0..e4bb04dc 100644
--- a/proto-google-cloud-trace-v2/pom.xml
+++ b/proto-google-cloud-trace-v2/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-trace-v2</artifactId>
-  <version>2.0.0</version><!-- {x-version-update:proto-google-cloud-trace-v2:current} -->
+  <version>2.0.1</version><!-- {x-version-update:proto-google-cloud-trace-v2:current} -->
   <name>proto-google-cloud-trace-v2</name>
   <description>PROTO library for proto-google-cloud-trace-v2</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-trace-parent</artifactId>
-    <version>2.0.0</version><!-- {x-version-update:google-cloud-trace:current} -->
+    <version>2.0.1</version><!-- {x-version-update:google-cloud-trace:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/samples/snapshot/pom.xml b/samples/snapshot/pom.xml
index 2d53d674..9b71c1e4 100644
--- a/samples/snapshot/pom.xml
+++ b/samples/snapshot/pom.xml
@@ -28,7 +28,7 @@
     <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>google-cloud-trace</artifactId>
-      <version>2.0.0</version>
+      <version>2.0.1</version>
     </dependency>
     <!-- {x-version-update-end} -->
 
diff --git a/versions.txt b/versions.txt
index bd01d038..31b22d1a 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,8 +1,8 @@
 # Format:
 # module:released-version:current-version
 
-google-cloud-trace:2.0.0:2.0.0
-grpc-google-cloud-trace-v1:2.0.0:2.0.0
-grpc-google-cloud-trace-v2:2.0.0:2.0.0
-proto-google-cloud-trace-v1:2.0.0:2.0.0
-proto-google-cloud-trace-v2:2.0.0:2.0.0
+google-cloud-trace:2.0.1:2.0.1
+grpc-google-cloud-trace-v1:2.0.1:2.0.1
+grpc-google-cloud-trace-v2:2.0.1:2.0.1
+proto-google-cloud-trace-v1:2.0.1:2.0.1
+proto-google-cloud-trace-v2:2.0.1:2.0.1