I use a New Home Memory Craft 7000 and have used a similar stitch, which I call a Snowflake, to tack quilts. I worked with a group of church women to make lap robes and this stitch held them together perfectly. I made a few of my very first quilts, using this stitch and they have held up for better than 10 years. It is multiple stitches and then the machine does a tacking (repeat stitch in place) at the end.
For the lap robes that went to nursing homes, they were just an added touch and not yarn to get picked at or to fall off.
June in Cincinnati