Step 1: Write $y=u^{1/2}$
With $u=x^2+8x+3$, $y'=\frac{u'}{2\sqrt u}$ and $u'=2x+8$, $u''=2$.
$y''=\frac{u''}{2\sqrt u}-\frac{(u')^2}{4u^{3/2}}$.
Step 2: Plug in $x=3$
$u=36$, $u'=14$, $u''=2$: $y''=\frac{2}{12}-\frac{196}{4\times216}=\frac{1}{6}-\frac{49}{216}=\frac{36-49}{216}=-\frac{13}{216}$.
Final Answer:
Option (A).
\[ \boxed{\text{(A)}} \]