Is Jutland so-called because the region it describes 'juts out' into the ocean?

I know that 'Jutland', a part of Denmark, comes from the Danish 'Jylland', which describes the same region. But was that name just invented at random, or does it come from the verb 'jut', as the land juts out into the ocean?

Possibly, it was named that because at one time the Jutes lived there. From etymonline:

Jute: O.E. Eotas, one of the ancient Gmc. inhabitants of Jutland in Denmark; traditionally, during the 5c. invasion of England, they were said to have settled in Kent and Hampshire. The name is related to O.N. Iotar.

It may be related to the Swedish Göteland as the Swedish "G" is pronounced like a "J" and Jutland seems to have been settled in the 8th century, possibly by Goths. Bede's statement that the three principal tribes of England were the Angles, Saxons and Goths (rather than Jutes) would then make sense, particularly if he lumped the Jutes and the Goths from East Göteland in East Anglia together.