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- Edited
WetGeek Yea, it's supposed to output that. But now it didn't complain about a missing directory so success.
What it did it was turn off the bluetooth coexistence feature of iwlwifi driver. That feature is known to cause issues with eg. audio streaming over Bluetooth when Wi-fi is enabled (as I told before, your Intel 7260 handles both wifi and bluetooth). So I thought it may be the culprit but apparently not, which is unfortunate.
If you wish to undo the changes, you can run sudo rm /etc/modprobe.d/iwlwifi-coex.conf
which removes the modprobe file we created.