Same issue for me with the same model. It may have started with webOS 6.00.05, but I am not sure. It was very infrequent when it first started and recently it has become much worse. I had it reboot 5 times within the span of 20 minutes a few nights ago, so I started trying some things, including upgrading the software to 6.00.20. The latest software did NOT fix the problem. I did a factory reset after the update, which was one of the suggestions I saw online for this issue, and that seemed to fix it initially. I went 3 or 4 hours without a reboot, but the next day it started again. I have a similar setup. Not using the terrible webOS apps, just using it as a display with my inputs coming through an AV receiver to HDMI 1. A new thing I have noticed, when trying to update the software and changing some settings to see if they helped, is that the Settings menus are slow and become unresponsive, right before it reboots. I read on one of the forums that this is a main board failure, but I am not convinced. I think it is a software issue, but I may decide to order a main board and replace it, as this issue is starting to make the TV unwatchable.
Correction. I upgraded to 6.00.25, not 6.00.20. I also called LG support. They had my try some troubleshooting, but 5 minutes after we hung up, the TV rebooted again. Considering a Sony OLED, but might try replacing the main board first.