This character is a Other Symbol and is commonly used, that is, in no specific script.
The glyph is not a composition. It has no designated width in East Asian texts. In bidirectional text it acts as Other Neutral. When changing direction it is not mirrored. The word that U+25E6 forms with similar adjacent characters prevents a line break inside it. The glyph can be confused with one other glyph.
The CLDR project calls this character “hollow bullet” for use in screen reading software. It assigns these additional labels, e.g. for search in emoji pickers: bullet, hollow.
The Wikipedia has the following information about this codepoint:
In typography, a bullet or bullet point, •, is a typographical symbol or glyph used to introduce items in a list. For example:
•Item 1
•Item 2
•Item 3
The bullet symbol may take any of a variety of shapes, such as circular, square, diamond or arrow. Typical word processor software offers a wide selection of shapes and colors. Several regular symbols, such as * (asterisk), - (hyphen), . (period), and even o (lowercase Latin letter O), are conventionally used in ASCII-only text or other environments where bullet characters are not available. Historically, the index symbol ☞ (representing a hand with a pointing index finger) was popular for similar uses.
Lists made with bullets are called bulleted lists. The HTML element name for a bulleted list is "unordered list", because the list items are not arranged in numerical order (as they would be in a numbered list).