diff --git a/packages/google-cloud-trace/CHANGELOG.md b/packages/google-cloud-trace/CHANGELOG.md
index a62e7ea21e22..30b91b297328 100644
--- a/packages/google-cloud-trace/CHANGELOG.md
+++ b/packages/google-cloud-trace/CHANGELOG.md
@@ -4,6 +4,13 @@
 
 [1]: https://pypi.org/project/google-cloud-trace/#history
 
+## [1.7.3](https://github.com/googleapis/python-trace/compare/v1.7.2...v1.7.3) (2022-10-07)
+
+
+### Bug Fixes
+
+* **deps:** Allow protobuf 3.19.5 ([#273](https://github.com/googleapis/python-trace/issues/273)) ([9e2fc85](https://github.com/googleapis/python-trace/commit/9e2fc858ee1065602533de63aa723881de71be59))
+
 ## [1.7.2](https://github.com/googleapis/python-trace/compare/v1.7.1...v1.7.2) (2022-09-29)
 
 
diff --git a/packages/google-cloud-trace/setup.py b/packages/google-cloud-trace/setup.py
index 1ffc17f51d5b..16aa427ef7f5 100644
--- a/packages/google-cloud-trace/setup.py
+++ b/packages/google-cloud-trace/setup.py
@@ -22,7 +22,7 @@
 
 name = "google-cloud-trace"
 description = "Cloud Trace API client library"
-version = "1.7.2"
+version = "1.7.3"
 # Should be one of:
 # 'Development Status :: 3 - Alpha'
 # 'Development Status :: 4 - Beta'