SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G Under the Securities Act of 1934 American Woodmark Corp. -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, NO PAR VALUE -------------------------------------------------------------------------------- (Title of Class of Securities) 030506109 -------------------------------------------------------------------------------- (CUSIP Number) September 28, 2007 -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [x] Rule 13d-1(c) [_] Rule 13d-1(d) ---------- (1) The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 030506109 13G ________________________________________________________________________________ 1. NAME OF REPORTING PERSONS FRIEDMAN, BILLINGS, RAMSEY GROUP, INC. ________________________________________________________________________________ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] ________________________________________________________________________________ 3. SEC USE ONLY ________________________________________________________________________________ 4. CITIZENSHIP OR PLACE OF ORGANIZATION VIRGINIA ________________________________________________________________________________ NUMBER OF 5. SOLE VOTING POWER SHARES _________________________________________________________________ BENEFICIALLY 6. SHARED VOTING POWER 767,850 OWNED BY _________________________________________________________________ EACH 7. SOLE DISPOSITIVE POWER REPORTING _________________________________________________________________ PERSON 8. SHARED DISPOSITIVE POWER 767,850 WITH ________________________________________________________________________________ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 767,850 ________________________________________________________________________________ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.33% ________________________________________________________________________________ 12. TYPE OF REPORTING PERSON* HC ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 030506109 13G ________________________________________________________________________________ 1. NAME OF REPORTING PERSONS FBR TRS HOLDINGS, INC. ________________________________________________________________________________ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] ________________________________________________________________________________ 3. SEC USE ONLY ________________________________________________________________________________ 4. CITIZENSHIP OR PLACE OF ORGANIZATION VIRGINIA ________________________________________________________________________________ NUMBER OF 5. SOLE VOTING POWER 0 SHARES _________________________________________________________________ BENEFICIALLY 6. SHARED VOTING POWER 767,850 OWNED BY _________________________________________________________________ EACH 7. SOLE DISPOSITIVE POWER 0 REPORTING _________________________________________________________________ PERSON 8. SHARED DISPOSITIVE POWER 767,850 WITH ________________________________________________________________________________ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 767,850 ________________________________________________________________________________ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.33% ________________________________________________________________________________ 12. TYPE OF REPORTING PERSON* CO ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 030506109 13G ________________________________________________________________________________ 1. NAME OF REPORTING PERSONS FBR CAPITAL MARKETS CORPORATION ________________________________________________________________________________ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] ________________________________________________________________________________ 3. SEC USE ONLY ________________________________________________________________________________ 4. CITIZENSHIP OR PLACE OF ORGANIZATION VIRGINIA ________________________________________________________________________________ NUMBER OF 5. SOLE VOTING POWER 0 SHARES _________________________________________________________________ BENEFICIALLY 6. SHARED VOTING POWER 767,850 OWNED BY _________________________________________________________________ EACH 7. SOLE DISPOSITIVE POWER 0 REPORTING _________________________________________________________________ PERSON 8. SHARED DISPOSITIVE POWER 767,850 WITH ________________________________________________________________________________ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 767,850 ________________________________________________________________________________ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.33% ________________________________________________________________________________ 12. TYPE OF REPORTING PERSON* CO ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 030506109 13G ________________________________________________________________________________ 1. NAME OF REPORTING PERSONS FBR ASSET MANAGEMENT HOLDINGS, INC. ________________________________________________________________________________ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] ________________________________________________________________________________ 3. SEC USE ONLY ________________________________________________________________________________ 4. CITIZENSHIP OR PLACE OF ORGANIZATION VIRGINIA ________________________________________________________________________________ NUMBER OF 5. SOLE VOTING POWER 0 SHARES _________________________________________________________________ BENEFICIALLY 6. SHARED VOTING POWER 767,850 OWNED BY _________________________________________________________________ EACH 7. SOLE DISPOSITIVE POWER 0 REPORTING _________________________________________________________________ PERSON 8. SHARED DISPOSITIVE POWER 767,850 WITH ________________________________________________________________________________ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 767,850 ________________________________________________________________________________ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.33% ________________________________________________________________________________ 12. TYPE OF REPORTING PERSON* CO ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 030506109 13G ________________________________________________________________________________ 1. NAME OF REPORTING PERSONS FBR FUND ADVISORS, INC. ________________________________________________________________________________ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] ________________________________________________________________________________ 3. SEC USE ONLY ________________________________________________________________________________ 4. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE ________________________________________________________________________________ NUMBER OF 5. SOLE VOTING POWER 0 SHARES _________________________________________________________________ BENEFICIALLY 6. SHARED VOTING POWER 767,850 OWNED BY _________________________________________________________________ EACH 7. SOLE DISPOSITIVE POWER 0 REPORTING _________________________________________________________________ PERSON 8. SHARED DISPOSITIVE POWER 767,850 WITH ________________________________________________________________________________ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 767,850 ________________________________________________________________________________ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.33% ________________________________________________________________________________ 12. TYPE OF REPORTING PERSON* IA ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! Item 1(a). Name of Issuer: American woodmark Corporation ____________________________________________________________________ Item 1(b). Address of Issuer's Principal Executive Offices: 3102 Shawnee Drive Winchester, VA 22601 ____________________________________________________________________ Item 2(a). Name of Person Filing: Friedman, Billings, Ramsey Group, Inc. FBR TRS Holdings, Inc. FBR Capital Markets Corporation FBR Asset Management Holdings Inc. FBR Fund Advisors, Inc. ____________________________________________________________________ Item 2(b). Address of Principal Business Office, or if None, Residence: Friedman, Billings, Ramsey Group, Inc. FBR TRS Holdings, Inc. FBR Capital Markets Corporation FBR Asset Management Holdings Inc. FBR Fund Advisors, Inc. 1001 Nineteenth Street North Arlington, VA 22209 ____________________________________________________________________ Item 2(c). Citizenship: Friedman, Billings, Ramsey Group, Inc. FBR TRS Holdings, Inc. FBR Capital Markets Corporation FBR Asset Management Holdings Inc. Virginia FBR Fund Advisors, Inc. Delaware ____________________________________________________________________ Item 2(d). Title of Class of Securities: Common stock, no par value per share ____________________________________________________________________ Item 2(e). CUSIP Number: 030506109 ____________________________________________________________________ Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [_] Broker or dealer registered under Section 15 of the Exchange Act. (b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act. (c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) [_] Investment company registered under Section 8 of the Investment Company Act. (e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [_] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). CUSIP No. 030506109 13G Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: Friedman, Billings, Ramsey Group, Inc. 767,850 FBR TRS Holdings, Inc. 767,850 FBR Capital Markets Corporation 767,850 FBR Asset Management Holdings Inc. 767,850 FBR Fund Advisors, Inc. 767,850 ______________________________________________________________________ (b) Percent of class: Friedman, Billings, Ramsey Group, Inc. 5.33% FBR TRS Holdings, Inc. 5.33% FBR Capital Markets Corporation 5.33% FBR Asset Management Holdings Inc. 5.33% FBR Fund Advisors, Inc. 5.33% ______________________________________________________________________ (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: Friedman, Billings, Ramsey Group, Inc. 0 FBR TRS Holdings, Inc. 0 FBR Capital Markets Corporation 0 FBR Asset Management Holdings Inc. 0 FBR Fund Advisors, Inc. 0 (ii) Shared power to vote or to direct the vote: Friedman, Billings, Ramsey Group, Inc. 767,850 FBR TRS Holdings, Inc. 767,850 FBR Capital Markets Corporation 767,850 FBR Asset Management Holdings Inc. 767,850 FBR Fund Advisors, Inc. 767,850 (iii) Sole power to dispose or to direct the disposition of: Friedman, Billings, Ramsey Group, Inc. 0 FBR TRS Holdings, Inc. 0 FBR Capital Markets Corporation 0 FBR Asset Management Holdings Inc. 0 FBR Fund Advisors, Inc. 0 (iv) Shared power to dispose or to direct the disposition of: Friedman, Billings, Ramsey Group, Inc. 767,850 FBR TRS Holdings, Inc. 767,850 FBR Capital Markets Corporation 767,850 FBR Asset Management Holdings Inc. 767,850 FBR Fund Advisors, Inc. 767,850 Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities check the following [ ]. Not Applicable _______________________________________________________________________ Item 6. Ownership of More Than Five Percent on Behalf of Another Person. Not Applicable. _______________________________________________________________________ Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. FBR Fund Advisors, Inc. _______________________________________________________________________ Item 8. Identification and Classification of Members of the Group. Not Applicable. _______________________________________________________________________ Item 9. Notice of Dissolution of Group. Not Applicable. ______________________________________________________________________ Item 10. Certifications. "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect." SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. October 10, 2007 ---------------------------------------- (Date) Friedman, Billings, Ramsey Group, Inc.* /s/ Richard B. Nash ---------------------------------------- (Signature) Richard B. Nash Corporate Secretary ---------------------------------------- (Name/Title) FBR TRS Holdings, Inc.* /s/ Richard B. Nash ---------------------------------------- (Signature) Richard B. Nash Corporate Secretary ---------------------------------------- (Name/Title) FBR Capital Markets Corporation* /s/ Richard B. Nash ---------------------------------------- (Signature) Richard B. Nash Corporate Secretary ---------------------------------------- (Name/Title) FBR Asset Management Holdings, Inc.* /s/ Richard B. Nash ---------------------------------------- (Signature) Richard B. Nash Corporate Secretary ---------------------------------------- (Name/Title) FBR Fund Adisors, Inc.* /s/ Winsor H. Aylesworth ---------------------------------------- (Signature) Winsor H. Aylesworth Treasurer and Corporate Secretary ---------------------------------------- (Name/Title) *The Reporting Persons disclaim beneficial ownership in the shares represented herein except to the extent of their pecuniary interest therein. Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties for whom copies are to be sent. Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001). Exhibit A AGREEMENT The undersigned agree that this Schedule 13G dated October 10, 2997, relating to the Common stock, no par value per share, of American Woodmark Corporation shall be filed on behalf of the undersigned. FRIEDMAN, BILLINGS, RAMSEY GROUP, INC.* /s/ Richard B. Nash By:___________________________ Name: Richard B. Nash Title: Corporate Secretary FBR TRS HOLDINGS, INC,* /s/ Richard B. Nash By:___________________________________ Name: Richard B. Nash Title: Corporate Secretary FBR CAPITAL MARKETS CORPORATION* /s/ Richard B. Nash By:___________________________________ Name: Richard B. Nash Title: Corporate Secretary FBR ASSET MANAGEMENT HOLDINGS, INC. /s/ Richard B. Nash By:___________________________________ Name: Richard B. Nash Title: Corporate Secretary FBR FUND ADVISORS, INC.* /s/ Winsor H. Aylesworth By:___________________________________ Name: Winsor H. Aylesworth Title: Treasurer and Corporate Secretary *The Reporting Persons disclaim beneficial ownership in the shares reported herein except to the extent of their pecuniary interest therein