Time for my lecture on tire uniformity.
When a tire gets balanced, the balance deals with the mass distribution problem, by locating where and how much weight needs to be added.
However, tires are like large ballons and they aren't the same stiffness 100% around the tire. We call this property "Unifomity" and it is a combination of "Out of Round" and stiffness.
Tire manufacturers have machines that can measure this property. They are called TUG's (Tire Uniformity Graders) and if they have grinding wheels to correct the uniformity, TUO's (Tire Uniformity Optimiziers). These machines measure the amount of "Force Variation" around the tire and create a "waveform" that describes the actual variation in the form of a graph.
The machine then does some mathematical manipulations and fits a series of sine waves to the waveform - once per revolutioon = 1st Harmonic, twice per revolution = 2nd Harmonic, etc.
There are 3 directions when we talk about tires: Up and down (relative to the vehicle) is Radial (relative to the tire). Side to side (relative to the vehicle) is Lateral (relative to the tire). Fore and aft (relative to the vehicle) is Tangential (relative to the tire).
For practical purposes, the only direction that causes problems is the Radial forces - and the first harmonic is analogous to balance - and just like you would expect, R1H (Radial First Harmonic) is the biggest contributor to vibration.
The Hunter GSP9700 is an affordable tire shop piece of equipment (~$10K) that measures the same property as the more expensive TUG machnine (~$600K!)- albeit with less precision.
So when someone has a vibration on a vehicle and it seems to be the tire and wheel assembly - and the assembly is properly balanced, the next step is to look at uniformity - and the Hunter GSP9700 is the tool for the job. It might have its faults, but it will help sort out which assembly may be the source.
So, rjundi, I would suggest you start by swapping tires front to rear and see if the vibration moves. If it does, then the next step is to find a Hunter GSP9700 to confirm.
FYI: It is possible to start off with a tire that has good uniformity and to wear a non-uniformity into the tire. Toe is usually the cause here - although camber sometimes plays a role.