It’s held by Lutherans to a certain extent along with Anglicans and the Orthodox Church.Transsubstantiation is the belief held by Catholics that the elements (bread and wine) used in Communion are "transformed" into the literal body and blood of Jesus when they are sanctified, even though they keep their outward appearance.
It's neither symbolic nor miraculous. Rather, it's unbiblical hogwash.
Blessings
Bill